NEW YORK (Reuters) -The Federal Reserve’s effort to shrink the size of its balance sheet is moving into a more uncertain phase as a key proxy of excess liquidity has been very nearly extinguished.
The Fed's Overnight Reverse Repo Facility (RRP) has plummeted from a $2.5T peak in late 2022 to just $22B, nearly empty. This dramatic decline signals a reversal of the pandemic-era excess liquidity ...
(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 Bank of New York's standing repo operation loaned a record amount of cash Wednesday to eligible financial ...
For now, the US Federal Reserve is continuing its purchases of assets – primarily treasuries and mortgage-backed securities – at a rate of $85 billion a month, but purchases are expected to start to ...