New York Fed Injects $104.15 Billion in Short-Term Liquidity
The Fed is just pouring money into the system right now.
(From The Wall Street Journal)
The intervention came in two parts. One was via a term-repurchase-agreement operation that will last for 15 days that added $30.65 billion. The other was via a one-day repo operation that totaled $73.5 billion.