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Fed's overnight reverse repo use falls to lowest since 2021
Bitget2024/10/22 21:39
Demand for the Federal Reserve's overnight reverse repurchase agreements fell to near its lowest level in 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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