The Federal Reserve plans to inject approximately $6.8 billion into the financial markets through repurchase agreements at 10 PM Beijing time tonight. Over the past 10 days, the Federal Reserve has injected about $38 billion as part of its year-end liquidity management.

Repurchase agreements (commonly referred to as repos) are a core tool for managing daily liquidity in the financial system. In a repurchase agreement, the Federal Reserve provides cash loans to banks, secured by high-quality collateral (usually government bonds). Banks quickly repay the loans to regain their assets, typically within a day.

This move is aimed at addressing year-end liquidity tightening and the Federal Reserve's recent adjustments to its standing repo facility. Although officials claim these measures are routine, some cryptocurrency investors view them as positive signals for risk assets. #美联储降息周期