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A comment on New York Fed Adds $115.14B in Short-Term Liquidity to Markets. Parent comment

Re:New York Fed Adds $115.14B in Short-Term Liquidity to Mar... by internet_user on Thursday November 07, 2019 @06:52PM (#21478706)
..but the omniscient Fed knows better than the market?

Is that what you are saying?

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Re:New York Fed Adds $115.14B in Short-Term Liquidity to Mar... by bransonf on Thursday November 07, 2019 @07:03PM (#21478787)
Well, they're part of the market.

They have their judgments just like every other entity in the market. They use their best judgement to know that the repo market needs a cash injection.

They're not infallible, but as regulators... their job is to regulate.

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Re:New York Fed Adds $115.14B in Short-Term Liquidity to Mar... by SCAQTony on Friday November 08, 2019 @06:17PM (#21487940)
Nonetheless, $200-billion has been added to the money supply. (See FRED M2 Index link below from September 19 to the present)

$200-billion could have been implemented for more worthy projects than the repo market. In my opinion, the FED needs more oversight from Congress and/or the Treasury.

https://fred.stlouisfed.org/series/M2

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