Fed Considers 5 Basis Point Cut in Reverse Repo Rate as Technical Adjustment
The Federal Reserve considered a 5 basis point cut in the reverse repo rate as a technical adjustment, minutes of the Fed meeting showed. Some participants indicated that it may be appropriate to consider resetting the overnight reverse repo rate to the bottom of the target range for the federal funds rate in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A certain "contract-quitting, spot-buying" whale address has accumulated 7,066 ETH in the past 5 days
The Secretary of the National Security and Defense Council of Ukraine and his team have departed for the United States.
Trending news
MoreCrypto prices
More
