Re: Fed study on TAF
July 29, 2008 at 10:56 AM EDT
> > On Tue, Jul 29, 2008 at 4:05 AM, Andrea wrote: > > In case you haven’t seen this yet: A Fed study that finds that > Taf has lowered Libor. > > http://www.newyorkfed.org/research/staff_reports/sr335.html > > right, thanks, as if they needed to fund a study to figure that out! It’s like doing a study that shows the repo rate goes down when the fed lowers its [...]