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Federal reserve announces $1 trillion in 3-month repo over two days, and officially starts purchasing coupon Treasuries as part of its POMO operations.
READ MOREThe Federal Reserve’s preferred inflation gauge accelerated more than expected in June, according to new data released on Friday, a worrisome sign as central bankers try to combat higher prices with the steepest interest rate hikes in decades. The personal consumption expenditures index showed that core prices, which strips out the more volatile measurements of
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