Fed Considers 5 Basis Point Cut in Reverse Repo Rate as Technical Adjustment
Bitget2024/11/26 20:29
The Federal Reserve considered a 5 basis point cut in the reverse repo rate as a technical adjustment, minutes of the Fed meeting showed. Some participants indicated that it may be appropriate to consider resetting the overnight reverse repo rate to the bottom of the target range for the federal funds rate in the future.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Standard Chartered analyst: Short-term bottom for BTC in $85,000 to $88,700 range
Bitget•2024/11/26 21:24
BTC falls below $91,500
Bitget•2024/11/26 21:24
NYT: Fed Retains Option to Cut Rates
Bitget•2024/11/26 21:24
Traders expect about 60% chance of Fed rate cut in December
Bitget•2024/11/26 21:22
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$92,194.21
-1.24%
Ethereum
ETH
$3,337.01
-1.83%
Tether USDt
USDT
$0.9997
-0.07%
Solana
SOL
$231.16
-1.62%
BNB
BNB
$615.35
-3.11%
XRP
XRP
$1.41
-0.99%
Dogecoin
DOGE
$0.3855
-2.00%
USDC
USDC
$1
-0.03%
Cardano
ADA
$0.9529
-0.55%
Avalanche
AVAX
$43.06
+3.53%
Bitget pre-market
Buy or sell coins before they are listed, including ZRC, XION, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now