21st December 2021
- Fed Reverse Repo Usage Rises to Record for Fourth Straight Day
RRP balances rose to an all-time high of $1.758 trillion
Supply-demand imbalance continues to drive demand for facility
https://blinks.bloomberg.com/news/stories/R4FF5VDWRGG0
- Biden-Manchin Call Seen Possibly Reviving Talks on Economic Plan
Senator and Biden spoke hours after Manchin rejected agenda
West Virginia senator made $1.8 trillion counteroffer
https://blinks.bloomberg.com/news/stories/R4FSHODWRGG1
- U.S. Economy Loses Fed, Fiscal Props After Powell-Manchin Pivots
Growth headwinds loom from end of monetary, fiscal stimulus
‘Stall’ speed is late-2022 risk scenario, economist Zandi says
https://blinks.bloomberg.com/news/stories/R4EYMVDWLU6D
- Biden Falters in Push to Reframe Debt Debate, Thwarting Agenda
Treasury chief Yellen had highlighted low interest burden
Manchin aligns with GOP in voicing concerns on enlarged debt
https://blinks.bloomberg.com/news/stories/R4F9WVDWLU6Z
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