Affected interest rates (and a target range) between 2014 and 2019

In September 2019, there was a sudden and unexpected spike in interest rates on overnight repurchase agreements (or "repos") – short-term loans between financial institutions. The interest rate on overnight repos in the United States increased from 2.43 percent on September 16 to 5.25 percent (graph shown). During the trading day, interest rates reached 10 percent. The Federal Reserve Bank of New York injected $75 billion into the repo market on September 17 and every morning for the rest of the week. On September 19, the Federal Reserve lowered the interest paid on bank reserves. These actions calmed the markets and, by September 20, rates had returned to a stable level. The Federal Reserve Bank of New York continued to regularly provide liquidity to the repo market until June 2020. Economists identified the main cause of the spike as a temporary shortage of cash available in the financial system, caused by the deadline for the payment of quarterly corporate taxes and the issuing of new Treasury securities. (Full article...)

Gaylord Perry

• ... that Gaylord Perry (pictured) admitted that he had cheated in baseball in his autobiography Me and the Spitter?
• ... that Jewish Indian theory, the erroneous idea that some lost tribes of Israel became ancestors to Native Americans, influenced the Book of Mormon?
• ... that
  one of which
  was about a loved one's car accident?
• ... that a job offer from the Empire Cinema saved science fiction writer John Russell Fearn from factory-based war work that "damned near killed [him]"?
• ... that upon its completion, the Gwinnett Environmental & Heritage Center had the largest sloped green roof in the United States?
• ... that Ruffian Games co-developed Kinect games to stay in business after the release of Crackdown 2?
• ... that the
  National Football League record for career punting yards
  is more than 40 miles (65 km)?
• ... that "gambling lord" Hong Taechawanit's mansion in Thailand became a police station?

Charles III

• More than 170 soldiers die in
  the border crisis
  between Armenia and Azerbaijan.
• A magnitude 7.6 earthquake strikes Papua New Guinea, leaving at least seven people dead.
• Elizabeth II, Queen of the United Kingdom and 14 other Commonwealth realms, dies at the age of 96 and is succeeded by her son King Charles III (pictured).
• Liz Truss succeeds Boris Johnson as leader of the Conservative Party and Prime Minister of the United Kingdom.