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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 that ...
Browse here. The effective fed funds rate, the rate banks charge each other for overnight loans to meet reserves required by the U.S. central bank, was still at 0.06% which might move on Friday since ...
The reverse repo facility takes in cash from eligible financial firms in what is a de facto loan from the Fed. The current rate stands at 4.3%, which is a return that often bests private sector ...
Cash from money market funds and other eligible firms flowing into the Fed's reverse repo facility stood at $993.3 billion on Thursday, which was the first time flows fell under the $1 trillion ...
Banking system liquidity surplus reaches Rs 4.09 trillion, the highest since July 3, due to government spending. The rupee ...
While the repo rate cut has brought some relief for those paying off their homes and vehicles, Economist Azar Jammine says it ...
With WACR and tri-party repo rates climbing, banks park only ₹13,075 crore against RBI's ₹50,000 crore offer in overnight ...
Indian banks are likely to adopt a cautious approach in deploying funds at the central bank's reverse repo auction which is ...