NEW YORK (Reuters) - A key Federal Reserve facility that takes in cash from money market funds and others saw inflows drop sharply on Monday.
The Federal Reserve's reverse repo facility took in $327.1 billion, down by $80.2 billion from Friday, for the lowest level of inflows seen since the facility took in $293 billion on May 19, 2021.
(Reporting by Michael S. Derby; Editing by Chris Reese)
NEW YORK (Reuters) - A key Federal Reserve facility that takes in cash from money market funds and others saw inflows drop sharply on Monday.
The Federal Reserve's reverse repo facility took in $327.1 billion, down by $80.2 billion from Friday, for the lowest level of inflows seen since the facility took in $293 billion on May 19, 2021.
(Reporting by Michael S. Derby; Editing by Chris Reese)