The New York Federal Reserve said it accepted $316.246 billion submitted to its overnight reverse repo facility on Monday, the lowest since May 2021. Analysts said investors may have pulled their ...

The reverse repo facility is designed to provide a soft floor for short-term rates and the federal funds target rate, the Fed’s main tool to achieve its job and inflation mandates. To set the high end ...

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 Fed said ...

Money market funds that “in the sole judgment of the New York Fed, are organized for a single beneficial owner, or exhibit sufficient similarities to a fund so organized, generally will be deemed ...

Reverse repos, on the other hand, are conducted by the New York Fed's Open Market Trading Desk and is a key tool to manage short-term rates. In a reverse repo, market participants lend cash to the ...

A key facility the Federal Reserve uses to help control short-term interest rates saw record inflows on Friday, the final trading day of the year. The New York Fed said that its reverse repo facility ...