Fed To Expand Counterparties For Reverse Repos

The move, beginning with money-market funds, will help the New York Fed drain cash from the financial system when the time is right, the bank said.

Topics:  new york fed   
BING NEWS:
  • Fed Reverse Repo Use Declines to Lowest in More Than Three Years
    Forty-one participants on Friday put a combined $155 billion at the Fed’s overnight reverse repurchase agreement ... The number of counterparties was the smallest since June 2021.
    11/1/2024 - 6:53 am | View Link
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