It means they are expanding their balance sheet by $60B a month for 6+ months like the WSJ article says. THANK YOU!!!! Game set matchAnd they are not selling the bonds back, they are:Fed Pumps $70.1 Billion in One-Day Liquidity Into Financial Markets
Is the Fed selling back these $70.1 billion?
The Fed is using temporary operations to tamp down any possible wild moves, while purchasing Treasury bills to build up reserves in the banking system. It hopes that by buying Treasury bills, the central bank will be able to cut back on repo interventions at the start of next year.
The FED is is expanding its balance sheet by more than $60B a month for 6 months, QE. So you are wrong when you say they are "selling the bonds back"
And no it is not in your Fed link, explain to us the difference between an OMO and QE.
you have yet to do this, because you can't.
And provide a link that says QE is defined by where our interest rates are, you are avoinding my questions.
So yes, one day liquidity is reversed when the Fed sells the bonds back?
In early October, the Fed also said it would start expanding its balance sheet again via around $60 billion a month in Treasury bill purchases, hoping the addition of permanent liquidity would allow it to back away from large temporary interventions.
So thank you for just proving my point and showing you are wrong. I have pointed this out to you 100 times and you keep ignoring it because you can't admit you are wrong.
Now explain to us the difference between an OMO and QE, which you can't seem to be able to do...
And they are not selling the bonds back,
Not selling back the bonds in one day? Then what did one-day liquidity mean?
Now explain to us the difference between an OMO, and QE.
(Look at how much I am teaching you here, that's what I do I teach the ignorant, now you know what QE is and the difference between QE and Repos, and soon you will know the difference between OMO and QE, which you don't know)
Now explain to us the difference between an OMO, and QE.
Did you see the difference at my link or not?
Now, about that overnight repo...…...