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The Federal Reserve said that the reserve management debt purchase operation is flexible and can be adjusted according to market conditions. The US Treasury plans to raise the cash balance back to more than 1 trillion US dollars. This move is expected to tighten the liquidity of the financial system.
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The Federal Reserve said that the reserve management debt purchase operation is flexible and can be adjusted according to market conditions. The US Treasury plans to raise the cash balance back to more than 1 trillion US dollars. This move is expected to tighten the liquidity of the financial system.
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