๐จ Fed Provides ~$26B in Overnight Liquidity Via Standing Repo Facility
Just in: Banks borrowed $25.95 billion from the Fed's standing repo facility yesterday (Dec 29) โ the third-highest usage since it launched in 2021.
This is a routine tool to ease year-end funding pressures, providing short-term cash against high-quality collateral. Helps keep money markets smooth without changing broader policy.
๐ Market Take:
Adds temporary liquidity, which can support risk assets
Sentiment leaning positive as we close out the year
Watch for moves in crypto and growth sectors
Coins keeping an eye on: $ASTER ๐ $SOL ๐ $BNB ๐ก
Stay sharp โ these ops are normal plumbing, but liquidity flows matter! ๐ธ
