According to the Federal Reserve, on August 14, the Fed announced it will pause reserve management purchases (RMP) of U.S. Treasury securities through September 14, as bank system reserve balances have reached levels the central bank deems appropriate. The New York Fed will continue reinvesting approximately $17 billion of maturing principal during the same period. As of August 12, the secured overnight financing rate (SOFR) settled at 3.62%, below the interest rate on reserve balances (IORB). The Fed emphasized that this adjustment affects only reserve management operations and does not reflect any change in monetary policy stance or balance sheet strategy.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate US. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate US does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments involve high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
