The Federal Reserve's overnight reverse repo use has fallen to its lowest level since 2021
2024-10-22 17:49:24
Federal Reserve overnight repo usage dropped to 2021 lowest sincedesk3cryptocurrencydesktopCrypto News
On October 23rd, demand for the Federal Reserve's overnight reverse repos fell to their lowest level in nearly three and a half years on Tuesday. About 60 participants deposited about $238 billion at the Fed through overnight reverse repos, the lowest level since May 2021, according to data from the New York Fed. The amount in the previous session was $261 billion.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
