Federal Reserve Repo Operations is Quantitative Easing

They are not all overnight loans. Looking at the Federal Reserves website there is numerous longer repo loans “term repos”

. apps.newyorkfed.org/markets/autorates/tomo-results-display?SHOWMORE=TRUE&startDate=01/01/2000&enddate=01/01/2000


In fact, looking at the last 25 Repo operations 25% has been longer than 1 day (not counting the Friday ones that are not paid back until Monday).
October 10 – 2 weeks (42.6 Billion), October 11 – 6 days (21.150 Billion), October 15 – 2 weeks (20.1 Billion), October 17 – 15 days (30.650 Billion), October 22 – 2 weeks (35 Billion)
Less than 2 weeks the Federal reserve has injected more than 100 Billion (not counting the overnight repos) and I didn’t go back further to add more. In addition, they released a statement today that they are increasing the “term repos” (next one tomorrow, and then Oct 29th) to “at least $45 billion.” So this number will be increasing.

www.newyorkfed.org/markets/opolicy/operating_policy_191023