The Fed plans to inject approximately $6.8 billion into the market today.

BlockBeats news, on December 22, the Fed plans to inject about $6.8 billion into the financial market through a repurchase protocol at 10 PM Beijing time tonight. In the past 10 days, the Fed has injected about $38 billion as part of its year-end liquidity management. The repurchase protocol (abbreviated as repo) is a core tool for managing daily liquidity in the financial system. In the repo, the Fed provides cash loans to banks, secured by high-quality collateral (usually government bonds). Banks quickly repay the loans to reclaim the assets, typically within a day. This move aims to address year-end liquidity tightness and recent adjustments by the Fed to the standing repo facility. Although officials describe these measures as routine, some crypto assets investors see them as favourable information for risk assets. (Barchart)

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments