Banks tap Fed Standing Repo Facility in record numbers amid month-end pressures
Update: 2025-10-31
Description
**Summary:**On October 31st, the Federal Reserve's Standing Repo Facility saw its highest usage ever, with banks borrowing over fifty billion dollars. This surge was due to month-end cash movements and banks needing quick cash. The Fed's reverse repo facility also held about fifty-two billion dollars. This activity occurred just days after the Fed announced it would stop pulling cash from the financial system. While some Fed officials are disappointed that the Standing Repo Facility isn't used more, analysts expect things to settle down next week. The spike in Fed lending highlights how quickly money can move in the financial system.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
