NY Fed Discusses Repo Facility Amid Liquidity Concerns

New York Fed President John Williams meets with Wall Street banks to discuss standing repo facility, aiming to ensure its effectiveness in controlling interest rates and gathering feedback. This comes amidst growing signs of tighter liquidity in financial markets, prompting concerns about cash availability for banks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.