Fed's Reverse Repo Drops Below $2 Trillion
wsj.com
Fed's Reverse Repo Drops Below $2 Trillion
A Federal Reserve borrowing program known as reverse repo saw its biggest drain in more than six months on Thursday, pushing it below $2 trillion for the first time since June 2022.What is reverse repo?The Fed’s overnight reverse repurchase facility borrows from money-market funds and othe
Jun 16, 2023
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