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

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Gaylord Perry
Gaylord Perry

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Charles III in 2021
Charles III

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September 16: Arba'een / Arba'een Pilgrimage (Shia Islam, 2022)

Battle of Harlem Heights
Battle of Harlem Heights
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Filipino singer Kyla has recorded material for nine studio albums and one extended play (EP), and has been featured on songs on other artists' respective albums. After signing a record deal with EMI Philippines, Kyla began working on her debut album, Way to Your Heart, which was released in 2000. It included the single "Hanggang Ngayon", whose accompanying music video won the International Viewer's Choice Awards for Southeast Asia at the 2001 MTV Video Music Awards. She wrote two tracks on her eponymous second album, which was released in 2002. Kyla's third album, I Will Be There (2013), included the title track written by Ogie Alcasid and a collaboration with English boy band Blue. Her fourth album, Not Your Ordinary Girl (2004), featured tracks written by Keith Martin, while she co-wrote the title track for her 2006 release Beautiful Days. Kyla's next two albums—Heartfelt (2007) and Heart 2 Heart (2008)—were cover albums. She released her debut EP, Journey, in 2014 and collaborated with artists, including Yeng Constantino, Jay Durias, and Iñigo Pascual for her studio album The Queen of R&B in 2018. (Full list...)
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First page of the Codex Mendoza depicting the founding of Tenochtitlan

The Codex Mendoza is an Aztec codex believed to have been created around the year 1541. It contains a history of both the Aztec rulers and their conquests as well as a description of the daily life of pre-conquest Aztec society. The codex is written in the Nahuatl language utilizing traditional Aztec pictograms with a translation and explanation of the text provided in Spanish. It is named after Don Antonio de Mendoza, the viceroy of New Spain, and a leading patron of native artists.

This page depicts the founding of the Aztec capital Tenochtitlan, located on the site of the modern Mexico City. It is in the collection of the Bodleian Libraries in Oxford.

Manuscript credit: unknown

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