Data: The scale of the Federal Reserve's reverse repurchase usage has dropped to around 155 billion US dollars for the first time since 2021
Media reports state that on Friday, the usage scale of the Federal Reserve's overnight reverse repurchase agreement (RRP) was $155.476 billion, a new low since 2021, compared to $201.278 billion from the previous trading day. Only 41 counterparties participated, significantly less than usual levels.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Bitcoin Poised to Reach $125,000 Based on Short-Term Holder Cost Basis
U.S. Spot Ethereum ETFs Saw Net Inflow of $6.22 Million Yesterday
Solana Ecosystem Advisor Nikita Bier Joins X as Head of Product
Data: Bitcoin rose 31.41% in the second quarter
Trending news
MoreCrypto prices
More
