Fed Schedules $10B Treasury Bill Purchases as Liquidity Move Fuels Crypto Market Optimism

1 month ago 16

Rommie Analytics

Key Takeaways:

The New York Fed will make approximately $10 billion in purchases of Treasury bills from June 12 to July 13.
The operations are planned to keep the banking system’s reserves high, consistent with FOMC policy guidance.
Crypto investors are closely observing the infusion of liquidity and its implications for the crypto market.

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