US FED pumping money to stop markets from plunging

The US FED is pumping 75billion per day into the Repurchase market the banks use to borrow money from each other and the FED. The interest rate shot up to 10% for the banks and liquidity dried up. The US FED is now still pumping 75billion per day into this market and will continue to do so into the future. 10% short term rates mean there is little trust in this market the money will be paid and the repurchase will be made.
Very dangerous occurrences as each offer by the US FED is over subscribed by banks and financial institutions.
This is Trumps best economy ever.
Nothing to see here the economy is pumping.

The Fed pumps another $75 billion into markets and says more cash is on the way
GINA HEEBSEP 21, 2019, 2:06 AM

• The Federal Reserve ended the week with yet another attempt to calm money markets and an announcement that more injections were on the way.
• The central bank pumped another $US75 billion into financial markets Friday and announced a schedule for further repo operations.
• This week marked the first time the central bank had taken such steps since the global financial crisis 10 years ago.
• read the story @https://www.*.com.au/fed-repo-injects-another-75-billion-into-market-4th-day-2019-9?r=US&IR=T