All other things equal, the supply of credit in the financial markets increases or decreases as the monetary base increases or decreases, regardless of whether the change in the monetary base is due to Fed lending or open market operations
2) That is, if depository institutions borrowed at the discount window, the Fed would offset the effect of this increased borrowing on the monetary base by selling a comparable amount of securities in an open market operation
The amount of the open market operations
suggested by the Desk's operating procedure, which I call the operating procedure-determined open market operation
If the needs for open market operations
continue to decline, at least we may need to make a technical response, which allows the targeted outstanding current account balance to be missed while keeping the target range itself,'' Miyako Suda said in a speech.
On Thursday, People s Bank of China to inject RMB30 billion into the system through open market operation
The transactions were part of a series of open market operation
that began in 2009.
market participants had to infer changes from the type of open market operation
conducted and the level of the federal funds rate relative to their perceptions about the FOMC's target rate.
The Reserve Bank of India (RBI) said it would buy bonds worth up to INR100bn via open market operations
The central bank suspended open market operations
by conducting temporary and permanent open market operations
He explained that the Bank has changed the rate of legal monetary reserves from 13% to 15% for absorbing the liquidity and that the Central Bank will also take further procedures in the framework of open market operations
with the same purpose.
According to a statement by the PBOC on its website, it will also fiddle with the credit supply and maintain financing at a logical growth under a macro-prudential policy frame with a set of policy tools such as open market operations
, exchange rates, banks' reserve requirement ratio and the interest rates.