NYJetsFan.com Forums: .fed Drains $2.26 Billion From Banking System With Reverse Repos - NYJetsFan.com Forums

Jump to content

Toggle shoutbox NYJETSFAN BANTER

JETS SUPER BOWL THIS WEEKEND
santana Icon : (15 December 2014 - 10:53 AM) Zzzzzz
azjetfan Icon : (15 December 2014 - 11:10 AM) Cooper would be great but who is throwing him the ball?
Chaos Icon : (15 December 2014 - 11:33 AM) If the Jets can't land Mariota or Winston, they're going to have to draft someone. Why not a potential #1 WR?
santana Icon : (15 December 2014 - 11:37 AM) Get cooper trade for cutler
Jetsfan0099 Icon : (15 December 2014 - 12:19 PM) We won't get cooper, not every team needs a qb in front of us
Jetsman05 Icon : (15 December 2014 - 12:27 PM) Lol cutler??
Jetsfan0099 Icon : (15 December 2014 - 12:28 PM) Maybe Winston slips as bit
santana Icon : (15 December 2014 - 12:31 PM) Lol <insert name here>??
santana Icon : (15 December 2014 - 12:32 PM) Lol milber??
Jetsman05 Icon : (15 December 2014 - 12:35 PM) What is a milber
santana Icon : (15 December 2014 - 12:36 PM) milber is love milber is life
santana Icon : (15 December 2014 - 07:25 PM) Espn trashing saints defense like geno is playing on it
MikeGangGree... Icon : (15 December 2014 - 11:26 PM) pssssst Santana........MGG FOR MOD IN 15
santana Icon : (15 December 2014 - 11:37 PM) This isn't congress
santana Icon : (15 December 2014 - 11:37 PM) this is srszz bizness
MikeGangGree... Icon : (15 December 2014 - 11:42 PM) MGG FOR MOD IN 15!!!
MikeGangGree... Icon : (15 December 2014 - 11:42 PM) YES
MikeGangGree... Icon : (15 December 2014 - 11:42 PM) YES
MikeGangGree... Icon : (15 December 2014 - 11:42 PM) YES
MikeGangGree... Icon : (15 December 2014 - 11:42 PM) YES
santana Icon : (Yesterday, 12:49 PM) so do we beat the pats or just let them get the easy win
azjetfan Icon : (Yesterday, 01:57 PM) At this point I am all about ruining their chance for home field.
HarlemHxC814 Icon : (Yesterday, 02:15 PM) FIRE IDZIK
MikeGangGree... Icon : (Yesterday, 02:24 PM) O we will win
MikeGangGree... Icon : (Yesterday, 02:24 PM) Rex will end his last game in metlife with a bang
santana Icon : (Yesterday, 02:44 PM) bang bang!
azjetfan Icon : (Yesterday, 03:25 PM) You know Rex will dial up some crazy packages for Brady. He probably has that D-line all riled up already.
santana Icon : (Yesterday, 03:44 PM) Riled up to get Fired up
azjetfan Icon : (Yesterday, 04:19 PM) Connor Cook from MI State is projected to go in the middle of the first round.
Mr_Jet Icon : (Yesterday, 04:48 PM) Cook is not ready for the NFL.
santana Icon : (Yesterday, 04:50 PM) Lol cook??
Mr_Jet Icon : (Yesterday, 04:54 PM) I think very highly of Connor Cook. But if he is projected to go in the first round of the 2015 draft, this is going to be a very weak draft.
HarlemHxC814 Icon : (Yesterday, 05:02 PM) Connor Cook is going back to school..
santana Icon : (Yesterday, 05:52 PM) Lol school??
azjetfan Icon : (Yesterday, 06:31 PM) I don't know anything about him but he was projected by two different mock drafts to go to the Texans
Jetsfan0099 Icon : (Yesterday, 08:20 PM) Woody Johnson favorited a tweet about firing Idzik lol
jetfan4life12 Icon : (Today, 02:15 AM) woody better fire that ass clown if he wants fans to attend games next season. He messed the whole thing up by hiring a GM without letting him choose the coach. He likely was told no by the top 20 candidates and stuck himself with is dick
Jetsfan0099 Icon : (Today, 09:18 AM) yup, I don't trust Idzik to make good use of our top draft pick or sign quality FAs. Or hire our next HC
Jetsfan0099 Icon : (Today, 09:18 AM) I want a new GM and HC
HarlemHxC814 Icon : (Today, 09:54 AM) Should I go Vincent Jackson or Jarvis Landry as my WR3?
Jetsfan115 Icon : (Today, 11:13 AM) i'd go landry
Jetsman05 Icon : (Today, 11:40 AM) The opposite of what Mr Jet thinks about it.
santana Icon : (Today, 01:03 PM) Top Bantz by 05
santana Icon : (Today, 01:03 PM) http://www.gfycat.co...ousAlaskanhusky
MikeGangGree... Icon : (Today, 02:13 PM) 'Fire Idzik' banner returns for Jets
Resize Shouts Area

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

.fed Drains $2.26 Billion From Banking System With Reverse Repos For those interested in finance

#1 User is offline   azjetfan Icon

  • D Coordinator
  • Icon
  • Group: Members
  • Posts: 3,030
  • Joined: 30-March 05
  • Gender:Male
  • Location:Cheese Land Baby
  • Interests:Football, golf, banking and home improvements

  • NFL Team:

Posted 07 August 2013 - 02:02 PM

Get ready for some serious inflation! Get out of any variable loan products and into a fixed one now!

Quote

The Federal Reserve drained $2.26 billion in reserves from the banking system with tri-party reverse-repurchase agreements in an operational-readiness test of the tool as policy makers prepare for the eventual withdrawal of monetary stimulus.

The “small-value” transaction, part of a series of temporary open-market operations that began in 2009, didn’t signal any change in monetary policy, according to a statement posted Aug. 5 on the Fed Bank of New York’s website.

The Fed uses repos and reverse repos to help maintain the level of money in the banking system to keep overnight interest rates close to its target. The central bank has held the target rate for overnight loans between banks in a range of zero to 0.25 percent since December 2008.

In a reverse repo, the Fed lends securities for a set period, temporarily draining cash from the banking system. At maturity, the securities are returned to the Fed, and the cash to its counterparties.

In a tri-party arrangement, a third party functions as the agent for the transaction and holds the security as collateral. JPMorgan Chase & Co. and Bank of New York Mellon Corp. are the only banks that serve in a trade-clearing capacity in the tri-party repo market.

The central bank’s large-scale asset purchases, known as quantitative easing, have swelled its balance sheet to more than $3.5 trillion, as policy makers have sought to reduce borrowing costs and stimulate growth. Fed officials have listed tri-party reverse repos as one tool they will use when they begin to drain cash in the banking system.

To contact the reporter on this story: Liz Capo McCormick in New York at emccormick7@bloomberg.net

To contact the editor responsible for this story: Robert Burgess at rburgess@bloomberg.net

Posted Image
0

#2 User is online   Mr_Jet Icon

  • Assistant Head Coach
  • Icon
  • Group: Members
  • Posts: 4,285
  • Joined: 31-March 05
  • Gender:Male
  • Location:Earth

  • NFL Team:

Posted 07 August 2013 - 04:26 PM

All I know is I hope to God that President Obama DOES NOT appoint Lawrence Summers to be the next Federal Reserve Chairman. Hopefully Janet Yellen and if not her then Roger Ferguson. But pleeeeeease not Lawrence Summers. I'd rather have M.C. Hammer as the next Fed chairman.

View PostFlyHiJets, on 01 June 2013 - 08:35 PM, said:

You're the scumbag that thinks everyone should kiss the as$es of a bunch of criminals but I'm a dumbass. Yeah okay douchebag. Go give some illegal wetback or Revis another blowjob. But then again.....don't you live in an entirely different country but yet think you can tell us how to live? Go fvck yourself little boy. You're likely still living with mommy & daddy. Pu$$y.


View Postazjetfan, on 02 July 2014 - 03:36 PM, said:

There are a few things I have realized about Mr. Jet over a few topics.

1) He is a racist. By constantly using race as a battling tool.
2) He is an extreme Liberal. If you are on either extreme you are probabaly more wrong than right.
3) He is one of those people who will never admit fault, error or defeat.
4)His life sucks and he takes it out on people who don't share in his views.
0

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

1 User(s) are reading this topic
0 members, 1 guests, 0 anonymous users