Fed's Reverse Repo Facility Demand Plummets to $21 Billion, Lowest Since April 2021
As a key indicator of excess liquidity, the RRP facility's usage has fallen by $2.5 trillion since December 2022, signaling a major shift in the financial system.
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Terms & Concepts
Reverse Repo (RRP) Facility: A tool used by the Federal Reserve to absorb excess liquidity from the financial system. It serves as a key metric for monitoring cash levels in the market.