By 2022, money market funds have deposited $1.7trn in the fed’s overnight reverse-repo facility. They agree to buy a security from the fed and resell it back later at a given price (usually higher). But the rates on overnight transactions have jumped from 0.05% in February 2022 to 4.8% today, offering better rates and higher-qualityContinue reading “Reverse Repo and Bailouts – April 2023”
Tag Archives: federal reserve
Thoughts on Inflation – October 2021
The United States Bureau of Labor Statistics reports the Consumer Price Index (CPI) monthly and is probably the most widely used gauge of inflation. It takes surveys from people in urban areas and compiles them into a report. But there are different measures for inflation, one that might be more accurate than the CPI isContinue reading “Thoughts on Inflation – October 2021”
Devlin Demontigny 