According to new data collected by the OFR, the U.S. repurchase agreement (repo) market averaged about $12.6 trillion in ...
The Federal Reserve Bank of New York's standing repo operation loaned a record amount of cash Wednesday to eligible financial firms, as these companies managed liquidity needs on the final trading day ...
(Reuters) - The Federal Reserve adjusted a key part of its rate control toolkit on Wednesday, lowering the rate it offers on its reverse repo facility by more than it cut the federal funds rate. The ...
The Federal Reserve cut the rate that investors can earn by parking cash overnight at the Federal Reserve’s reverse repo facility by an additional 0.5 basis points, Fed Chairman Jerome Powell said.