The Fed's Reverse Repo Facility will be here for a long time, and other lessons from the recent FOMC meeting (Premium)

The Federal Reserve’ Open Markets Committee (FOMC) released the minutes from its November 1-2 2016 meeting last week. Comparing these notes with the minutes of the January 26-27 2016 meeting shows some evolving views on the Reverse Repo Program (RRP). It’s not going anywhere fast, says the Fed, but there are still expected changes that should be taken into account.

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