what does reverse repo mean? Is it good? bad?
“A reverse repurchase agreement conducted by the Desk, also called a “reverse repo” or “RRP,” is a transaction in which the Desk sells a security to an eligible counterparty with an agreement to repurchase that same security at a specified price at a specific time in the future.”
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https://www.newyorkfed.org/markets/rrp_faq.html