BOSTON (Reuters) - The New York Federal Reserve said it accepted $52.63 billion in overnight bids from primary dealers in a repurchase agreement (repo) operation, a move intended to keep the federal funds rate within its target range.
BOSTON (Reuters) - The New York Federal Reserve said it accepted $52.63 billion in overnight bids from primary dealers in a repurchase agreement (repo) operation, a move intended to keep the federal funds rate within its target range.