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Repo Panic Returns As Fed Injects $99BN In Liquidity, Including First Oversubscribed Term Repo In Three Weeks

More than two weeks after the last oversubscribed term repo operation on December 16, moments ago the Fed announced that Dealers are once again scrambling for liquidity…

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The Morning Briefing: Bernie Says His Dumbest Thing Yet

Monday night, Sanders was being interviewed by Anderson Cooper on CNN when he said perhaps the dumbest thing he’s said yet during this campaign (click video link twice if it does not open)

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Experts doubt Fed has all the tools it needs to fight recession

Adam Posen, a former policy maker at the BOE, urged the Fed to consider “radical” approaches, including a new tool called “yield-curve control” to fight the next downturn.

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