PBOC CUTS 14-DAY REVERSE REPO RATE TO 1.65% FROM 1.85% WOW 🚀 More liquidity incoming!!! https://m.primal.net/LDdK.png
I'm hearing that on x also but I have no clue what's that about exactly...
Low reverse repo rate: increases liquidity by discouraging the storage of money at the central bank and encouraging its use in loans or investments.