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New York Fed Official: Fed May Expand Access to Reverse Repo Facility

By Michael S. Derby 

Lorie Logan, who manages the Federal Reserve Bank of New York's $7.7 trillion System Open Market Account holdings of securities and cash, said the central bank is exploring doing business with a broader range of firms as it works to pursue the monetary policy goals laid out by Fed officials.

Write to Michael S. Derby at michael.derby@wsj.com

 

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April 08, 2021 16:15 ET (20:15 GMT)

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