FOMC reveals preparations for market exit

The US Federal Open Markets Committee (FOMC) is moving ahead with plans to shut down emergency support for the capital markets, despite a sluggish recovery and fears of a new crisis in commercial property.

In minutes for its December 14-15 meeting, released yesterday, the committee's members discussed plans to step up reverse repo operations in the Treasury debt and mortgage-backed security (MBS) markets. December saw a few trial reverse repos of treasury and agency debt, and reverse repos of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: