Powell Says Fed Willing to Adapt Strategy on Bill Purchases

The video discusses the Federal Reserve's strategy to manage year-end pressures on the federal funds rate through repo operations and Treasury bill purchases. The strategy involves supplying reserves in the short term and raising reserve levels through bill purchases. The Fed is prepared to adapt its strategy, including purchasing other short-term securities if needed. Regular communication with market participants is maintained to ensure effective operations and adjustments as necessary.

In what ways does the organization maintain contact with market participants?

What adjustments are being prepared in response to year-end pressures?