1. The Federal Reserve considers re-consolidating the overnight reverse repurchase rate to the base rate floor. 2. Fed megaphone: The Federal Reserve meeting notes hinted that if inflation stagnates, interest rate cuts will become cautious. 3. The new limit of local government special project debt will be adjusted to 9.90 trillion yuan in 2024. 4. Many places disclosed the special project bond issuance plan, and a new round of debt replacement started quickly. 5. Anta Sports plans to buy back 1 ...
On November 27th, according to the Federal Reserve's meeting notes, the staff also briefed the committee on two considerations regarding the management of the balance sheet in the near future. The first consideration focused on the possibility of a technical adjustment to the overnight reverse repurchase agreement offer rate, and the staff reviewed the development of the use of the overnight reverse repurchase agreement instrument. The staff noted that a five basis point reduction in the overnig...
The Fed is considering a five basis point cut in the reverse repo rate as a technical adjustment, according to meeting notes. Some participants said 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.