Wall Street is buzzing as the Federal Reserve prepares to tweak its overnight reverse repo (RRP) facility rate, a move ...

While the federal funds rate target is seen being trimmed by a quarter-percentage-point to between 4.25% and 4.50%, the reverse repo rate, or RRP, is seen falling to 4.25% from its current setting ...

By lowering ON RRP rate by 5 bps, this could make parking money inside the repo facility a bit less attractive, squeezing liquidity out into the money market and help hold down the rates by a bit.

Money market funds have seen a seemingly relentless rise in assets under management in the past five or six years. Click to read.

ALSO READ: Reserve Bank cuts repo rate but no promises for rest of 2025 Expect a 25 basis points repo rate cut – Bank of America economist. Tatonga Rusike, Sub-Saharan Africa economist at Bank ...

Overnight repo rates in funding markets — widely relied upon by Wall Street banks ... And there’s still about $815 billion parked at the monetary authority’s reverse repo facility, or RRP, ...

Fed Officials Mull Reverse-Repo Rate Cut to Control Benchmark Central bank minutes reveal talk of a five-basis-point cut Fifty-one users parked $148.8 billion at the RRP on Tuesday ...

The overnight reverse repurchase agreement rate has ridden 5 basis points above the bottom of the Fed's policy rate range since 2021, when the Fed adjusted it to firm up the "floor" of the policy ...

US Fed slashes reverse repo rate in December. Taken together with the US Fed’s reduction in the overall target range for the fed funds rate to 4.25 per cent to 4.50 per cent, the new RRP rate is ...

Repo rates rise even after Federal Reserve tweak meant to dampen volatility. Published Fri, Dec 27, 2024 · 06:41 AM. US Federal Reserve. Follow. The adjusted RRP rate is meant to help keep funding ...