Content
@
0 reply
0 recast
0 reaction
naomi
@nkg
The Federal Reserve accepted a total of $281.392 billion from 60 counterparties in fixed rate reverse repurchase operations. Note: Reverse repurchase refers to the sale of securities by the Federal Reserve to financial institutions (such as commercial banks, money market funds, etc.), the withdrawal of funds from the market, and an agreement to repurchase these securities at a predetermined price on a future date. This operation is usually carried out to control the money supply and market interest rates, in order to achieve specific macroeconomic goals. When the economy overheats or inflationary pressures rise, the Federal Reserve may reduce market liquidity through reverse repo operations to effectively control short-term interest rates. @durkle
0 reply
0 recast
0 reaction
