Fisher: Fed intensely discussing role of repo facility in policy
NEW ORLEANS May 9 (Reuters) - Federal Reserve policymakers are intensely discussing what role the overnight fixed-rate full-allotment reverse repurchase facility will play in monetary policy making in the years ahead, a top Fed official said on Friday.
Dallas Fed President Richard Fisher said no final decision has been made on formally adopting the reverse repo facility. (Reporting by Jonathan Spicer. Editing by Andre Grenon)