The Federal Reserve plans to inject approximately $6.8 billion into the market today.

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

Repurchase agreements (commonly known as repos) are a core tool for managing liquidity in the daily financial system. In a repo, the Federal Reserve provides cash loans to banks, secured by high-quality collateral (usually government bonds). Banks quickly repay the loans to reclaim their assets, typically within a day. This move aims to address year-end liquidity pressures and the Federal Reserve's recent adjustments to the standing repo facility. Although officials state that these measures are routine, some cryptocurrency investors view them as positive signals for risk assets. (Barchart)