NY Fed says the desk plans to conduct an additional approximately USD 40bln in reserve management purchases and c. USD 13.4bln in reinvestment purchases between February 13th and March 12th

NY Fed says the desk plans to conduct an additional approximately USD 40bln in reserve management purchases and c. USD 13.4bln in reinvestment purchases between February 13th and March 12th.

The NY Fed's announcement of an additional USD 40 billion in reserve management purchases signals ongoing support for liquidity in the financial system, while the USD 13.4 billion in reinvestment purchases underscores commitment to maintain stability. This could suggest a continuation of the Fed's accommodative stance, potentially reinforcing the trajectory for interest rates and impacting cross-asset sentiment, particularly in fixed income and currency markets.