News

In One Chart: Fed sees record $756 billion demand for reverse repo program and may hit $1 trillion

Demand by banks and others using the Federal Reserve’s overnight reverse repo program surged to a new $755.80 billion record high on Thursday, a day after the central bank bumped up how much it pays on parked cash.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News