Are the Repo liquidity infusions permanent?
I know very little about repo. So let's say the Fed pumps in $75B on a given day. Does that money stay in the system? Or it gets paid back the next day because the repos are "overnight"?
I know very little about repo. So let's say the Fed pumps in $75B on a given day. Does that money stay in the system? Or it gets paid back the next day because the repos are "overnight"?
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