Fed Halts T-Bill Purchases for Fourth Consecutive Month as of November 16

According to the New York Federal Reserve, the central bank will suspend Treasury bill purchases under its reserve management purchase program (RMP) from November 16 through December 11, marking the fourth consecutive month with zero purchases under this facility. Separate from RMP, the Fed will continue reinvesting principal payments from maturing mortgage-backed securities (MBS) at approximately $14 billion.
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