It does suggest that the Fed's goal of lowering rates may introduce some uninten... | Hacker News

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mywittyname on Sept 17, 2019 | parent | context | favorite | on: NY Fed rescues overnight lending market with $53B

It does suggest that the Fed's goal of lowering rates may introduce some unintended consequences.

zenmaster10665 on Sept 17, 2019 [–]

How so? This is the result of a glut in treasuries and a lack of dollars in money market funds.

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