The Federal Reserve's overnight reverse repo use has fallen to its lowest level since 2021
2024-10-22 21:35:52
Federal Reserve overnight repo agreement demand Tuesday drop close three yearsdesk3cryptocurrencydesktopCrypto News
Demand for the Fed'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 the New York Fed. The amount was $261 billion in the previous session.
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