Good, money in crypto! They continue to inject liquidity, and people's money is worth less and less.
Binance News
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Federal Reserve to Inject $6.8 Billion into Financial Markets via Repo Agreement
According to BlockBeats, the Federal Reserve plans to inject approximately $6.8 billion into financial markets through a repurchase agreement at 22:00 UTC+8. Over the past ten days, the Federal Reserve has already injected around $38 billion as part of its year-end liquidity management strategy.
Repurchase agreements, commonly known as repos, are a key tool for managing daily financial system liquidity. In a repo transaction, the Federal Reserve provides cash loans to banks, secured by high-quality collateral, typically government bonds. Banks quickly repay the loans to reclaim their assets, usually within a day. This measure aims to address year-end liquidity pressures and recent adjustments to the Federal Reserve's standing repo facility. While officials describe these actions as routine, some cryptocurrency investors view them as a positive signal for risk assets.
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