Barclays expects Fed to cut reverse repo rate at December meeting
The Fed is likely to lower the overnight reverse repo rate at its December meeting, but the secured financing rate will be higher than the new level as balance sheets remain tight, Joseph Abate, a strategist at Barclays, wrote in a report.
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
Data: BIFI surges over 128%, with LUNA and VOXEL also showing significant rebounds
Pyth Network announces the establishment of a PYTH reserve and will publicly buy back PYTH tokens every month.
Spanish bank BBVA expands partnership with OpenAI to jointly develop AI banking solutions
Pharos announces the third batch of validators
Trending news
MoreCrypto prices
More
