Odaily Planet Daily News: A large amount of cash surged into the Federal Reserve's reverse repurchase tool on Tuesday, the last trading day of 2024, driving the usage of this tool to its highest level since early summer. Money market funds and other eligible institutions deposited $473.5 billion on the Federal Reserve's books. This significant increase in usage is not surprising; at the end of each quarter and year, companies often make temporary adjustments as they manage their balance sheets, leading to substantial cash inflows to the Fed. The cash inflow on Tuesday was the highest level since $664.6 billion flowed in on the last trading day of the second quarter, exceeding the $465.6 billion at the end of the third quarter on September 30.