The Federal Reserve's overnight reverse repurchase agreements, in billions of US dollars: the Treasury amount the New York Fed accepted in each business day's overnight reverse repo operations, from its own operation results, posted about 1:15 in the afternoon, New York time.
Why: Reverse repo facility absorbs excess liquidity. When RRP falls, that cash re-enters the system and can flow into risk assets.
Category: macro. Macro economic indicators track monetary policy, liquidity conditions, and traditional market positioning.
Source: New York Fed (Markets API). Updated: Business days, each evening.
API: GET /api/metrics/rrp
Read more: Reverse Repo Facility Explained
Used in briefings: Liquidity Momentum
View all metrics | Browse briefings