Late Wednesday the NY Fed Markets Desk stated...>

FED: Late Wednesday the NY Fed Markets Desk stated that "the Desk has released

an update to the schedule of repurchase agreement (repo) operations for the

current monthly period. Consistent with the most recent FOMC directive, to

ensure that the supply of reserves remains ample even during periods of sharp

increases in non-reserve liabilities, and to mitigate the risk of money market

pressures that could adversely affect policy implementation, the amount offered

in overnight repo operations will increase to at least $120 billion starting

Thursday, October 24, 2019. The amount offered for the term repo operations

scheduled for Thursday, October 24 and Tuesday, October 29, 2019, which span

October month end, will increase to at least $45 billion."