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Bloomberg - Fed to Start Buying $60 Billion of Treasury Bills Per Month

Bloomberg - Fed to Start Buying $60 Billion of Treasury Bills Per Month

  • TV-G
  • 2019
  • 3mins
Oct.11 -- The Federal Reserve said on Friday it will begin buying $60 billion of Treasury bills per month in mid-October as it seeks to rebuild its balance sheet and avoid a repeat of the turmoil that racked the money markets in September. Bloomberg's Mike McKee reports on Bloomberg Markets: European Close.