events
Five months before the COVID-19 stock market crash, an overnight spike in lending rates in the United States prompts the Federal Reserve to conduct operations in the repo market.
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2020 stock market crash
Financial market reaction to the COVID-19 pandemic
On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. The crash ended on 7 April 2020.Source: Wikipedia (CC BY-SA)
Federal Reserve
Central banking system of the US
The Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to…Source: Wikipedia (CC BY-SA)
Repurchase agreement
Form of short-term borrowing
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