The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
NEW YORK, June 28 - The quarter end saw substantial inflows into the Federal Reserve Bank of New York's reverse repo facility on Friday.
The bank reported inflows into a tool designed to set a floor underneath short-term interest rates stood at $664.6 billion, the highest level since $680 billion seen on Jan. 10. Quarter end frequently brings substantial increases at the reverse repo facility and that cash usually moves out once the new quarter starts.
The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc.
Gold Silver Platinum Palladium PGM Platinum Group Metals Metals Precious Metals Mining News Crypto News Bitcoin News Ethereum News Mining News Interviews Economic Reports Forecasts Central Banks US Dollar Charts Tech Metals Rare Earth Metals Currency Global Economy International Policy Politics Bank Forecasts Market Nugget Mining Minutes Roundups
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York Fed Is Losing Talent and ‘Street Cred’ Under John Williams(Bloomberg) -- John Williams took the helm of the Federal Reserve Bank of New York in 2018 as a highly respected macroeconomist and experienced manager who...
Read more »
New York Fed Is Losing Talent and ‘Street Cred’ Under John WilliamsTop Federal Reserve district bank has seen many senior-level departures, raising concerns about its diminished heft and “swagger”
Read more »
Gold price under pressure but largely ignores improvement in New York Fed's Empire State SurveyThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
New York Apartment Tower Owned by Durst Lands New Equity, DebtNew York developer Durst Organization secured new equity and debt for a Long Island City apartment building, Sven.
Read more »
PWHL New York hires Grego Fargo as new head coachFargo has been the head coach at Colgate for the last 12 seasons.
Read more »
Popular YouTuber Ben Potter, better known as Comicstorian, dead at 40NEW YORK, NEW YORK - MAY 20: Comicstorian, Ben Potter, attends the YouTube Shorts Asian Pacific American History Month Celebration on May 20, 2022 in New York City.
Read more »