Fed considers cutting reverse repo rate by 5 basis points as technical adjustment
2024-11-26 19:27:07
Federal Reserve Reserve Bank Meeting Minutes Show Federal Reserve Consideration Purchase Rate Downgradedesk3cryptocurrencydesktopCrypto News
The Fed is considering a five basis point cut in the reverse repo rate as a technical adjustment, according to meeting notes. Some participants said it may be appropriate to consider resetting the overnight reverse repo rate to the bottom of the target range for the federal funds rate in the future.
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