The repo rate made the headlines again at the end of September. The overnight general collateral repo rate jumped about 1% during the weekend, from 1.85% on Friday to 2.8% on Monday. The Fed now has to inject billions to keep the market under control. Repo Market Explained The fiat currency market proves its instability again after the repo rate shows dissonance with the Fed’s interest rate. For those unfamiliar, the repo market is whereRead MoreThe post Fighting a Losing Battle: Federal Reserve Prints Another $63.5B This Week appeared first on Bitcoinist.com.
