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RRP Usage Dips As Facility Becomes Increasingly In Focus

FED
  • Usage dips just $3B to $2231B, continuing to edge lower after the Monday’s post quarter-end decline of $173B was the largest since April, further moving to pre Sep FOMC levels.
  • Counterparties fall back to 102.
  • See the earlier MNI exclusive with current and former senior Fed staffers on RRP demand and the impacts on QT here: https://marketnews.com/-2658366378

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  • Usage dips just $3B to $2231B, continuing to edge lower after the Monday’s post quarter-end decline of $173B was the largest since April, further moving to pre Sep FOMC levels.
  • Counterparties fall back to 102.
  • See the earlier MNI exclusive with current and former senior Fed staffers on RRP demand and the impacts on QT here: https://marketnews.com/-2658366378