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September 17-20, 2019, the U.S. Federal Reserve took unusual monetary policy action to provide short-term liquidity to ease a liquidity crunch in overnight lending markets.

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September 17-20, 2019, the U.S. Federal Reserve took unusual monetary policy action to provide short-term liquidity to ease a liquidity crunch in overnight lending markets. What policy tool did the Fed employ to meet funding market needs? Raise the Target Fed Funds rate. Enter Repurchase Agreements (Repos). Purchase US Treasuries. Start New Quantitative Easing (QE)

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