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RRP
abbreviation for
- recommended retail price
Example Sentences
That hasn't put everyone off Kill the Justice League and plenty of people paid £100 - £40 above RRP - for early access to the game when its servers came online at midnight on Tuesday.
Federal Reserve data this week, however, showed that in the week ending on July 19 reserves increased by about $58.5 billion to $3.22 trillion, while demand for the ON RRP facility declined by $87.3 billion.
Demand for the Fed's ON RRP has been declining steadily from $2.3 trillion at the end of May to $1.7 trillion as of Friday.
"However, money market funds shifted their allocation out of the RRP facility into outright purchases of T-bills and private repo markets," they said.
Fed officials increasingly track the combined total of reserve and ON RRP balances to get a fuller picture of sector liquidity as they proceed with reducing the central bank's bond holdings at a targeted rate of nearly $100 billion a month.
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