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Fed’s Path to a Repo-Based Framework Faces a Familiar Roadblock

As Federal Reserve officials ponder ways to shrink their holdings and keep markets flush with cash from lending operations, they face a challenge years in the making: Overcoming the stigma of borrowing from the central bank.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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