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 hire Maccagnan as GM and Bowles as HC. Who's starting the billboard fundraiser?
HarlemHxC814 Icon : (23 January 2015 - 03:08 PM) Yeah now we have to see who they hire for the scouting dept
HarlemHxC814 Icon : (23 January 2015 - 03:12 PM) FIRE RODGERS
HarlemHxC814 Icon : (23 January 2015 - 03:12 PM) FIRE APRIL
ganggreen2003 Icon : (23 January 2015 - 07:14 PM) you are one dissatisfied SOB Harlem how in the hell are you still a mod?
ganggreen2003 Icon : (23 January 2015 - 07:14 PM) who's ass are you kissing
ganggreen2003 Icon : (23 January 2015 - 07:14 PM) SMFDH
HarlemHxC814 Icon : (23 January 2015 - 07:31 PM) CLEAN HOUSE AGAIN IMMEDIATELY
HarlemHxC814 Icon : (23 January 2015 - 07:33 PM) FIRE BRADWAYS NONEXISTENT AS OF YET FUTURE REPLACEMENT
HarlemHxC814 Icon : (23 January 2015 - 07:33 PM) FIRE BAUERS NONEXISTENT AS OF YET FUTURE REPLACEMENT
Jetsfan0099 Icon : (23 January 2015 - 09:21 PM) Mangini 49ers DC
Jetsfan0099 Icon : (23 January 2015 - 09:21 PM) Bad hire, the 49ers are seriously downgrading in coach. Going from Harbuagh to Tomsula, now Fangio to Mangini
HarlemHxC814 Icon : (23 January 2015 - 10:06 PM) Lol wow
Jetsfan0099 Icon : (24 January 2015 - 08:17 AM) I hate when people say mangini built our team, I didn't know he was gm. Tannenbaum was good at making moves
Jetsfan0099 Icon : (24 January 2015 - 02:05 PM) Bowles added pepper Johnson as dl coach, nice
HarlemHxC814 Icon : (24 January 2015 - 04:13 PM) FIRE JOHNSON
HarlemHxC814 Icon : (24 January 2015 - 04:13 PM) MORE TURNOVER
ganggreen2003 Icon : (24 January 2015 - 06:05 PM) I'm loving all these additions to the JETS coaching staff
ganggreen2003 Icon : (24 January 2015 - 06:06 PM) I can't wait to see what Maccagnan does in Free Agency and in the draft
Jetsfan0099 Icon : (24 January 2015 - 07:40 PM) @AlbertBreer
The Jets are hiring Bears nat'l scout Rex Hogan as their director of college scouting. Chicago has released him from his contract
Jetsfan0099 Icon : (24 January 2015 - 07:40 PM) @AlbertBreer 14m14 minutes ago
The Jets are also hiring Rams scout Brian Heimerdinger to a prominent front-office role. St. Louis let him out of his deal.
Jetsfan0099 Icon : (24 January 2015 - 07:48 PM) Heimerdinger is our director of player personnel now
ganggreen2003 Icon : (24 January 2015 - 08:12 PM) That is Mike Heimerdinger's son who used to be our OC in 05
ganggreen2003 Icon : (24 January 2015 - 08:12 PM) hopefully his son isn't as horrible as his pop was at play calling
Jetsfan0099 Icon : (24 January 2015 - 08:17 PM) Everyone looks like a bad playcaller when you have no QB and have no talent
Jetsfan0099 Icon : (24 January 2015 - 08:18 PM) When Heimerdinger was our OC it was when we had a ton of injuries on offense, were down to our 4th or 5th string QB
HarlemHxC814 Icon : (24 January 2015 - 08:42 PM) FIRE HOGAN
HarlemHxC814 Icon : (24 January 2015 - 08:42 PM) FIRE HEIMERDINGER
ganggreen2003 Icon : (24 January 2015 - 08:47 PM) STFU Harlem you are f***ing getting real annoying with this FIRE bullshit
HarlemHxC814 Icon : (24 January 2015 - 09:13 PM) I thought you didn't pay attention to me
HarlemHxC814 Icon : (24 January 2015 - 09:14 PM) You aaaaaare the wind beneath my wiiiiiiiiiings
a1elbow2.0 Icon : (24 January 2015 - 09:33 PM) I wonder if any possible new members come here, see no new posts for days and these about box conversations and wonder how the f*** this site is operational
MikeGangGree... Icon : (25 January 2015 - 12:22 AM) Would u rather FIRE EVERYONE or SUCK FOR THE DUCK
Jetsfan0099 Icon : (25 January 2015 - 05:20 PM) Looks like we are having a blizzard the next 2 days over here.
HarlemHxC814 Icon : (25 January 2015 - 06:50 PM) My boss still said to come in lol
HarlemHxC814 Icon : (25 January 2015 - 06:50 PM) Possibility for midday dismissal though
Chadforpresi... Icon : (25 January 2015 - 09:52 PM) FIRE HARLEM
HarlemHxC814 Icon : (Yesterday, 01:11 AM) FIRE YOU
MikeGangGree... Icon : (Yesterday, 12:07 PM) FIRE NYJETSFAN.COM
azjetfan Icon : (Yesterday, 05:36 PM) this site has become dismal.
Mr_Jet Icon : (Yesterday, 06:47 PM) Thanks Obama.
Mr_Jet Icon : (Yesterday, 06:49 PM) But really for all of you complaining about the site. What is there to talk about? We have a new GM and HC that we don't know how good or bad they'll be yet. So there really isn't much to talk about with the draft still months away.
azjetfan Icon : (Yesterday, 09:59 PM) Even I can't blame Obama :drinks:
MikeGangGree... Icon : (Yesterday, 11:42 PM) It could be worse
MikeGangGree... Icon : (Yesterday, 11:42 PM) we could be Phinzrage
MikeGangGree... Icon : (Yesterday, 11:43 PM) We got nothing to talk about
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: 3,056
  • 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 offline   Mr_Jet Icon

  • Assistant Head Coach
  • Icon
  • Group: Members
  • Posts: 4,301
  • 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