Odaily Planet Daily reported that in response to the slight tension in the repo market last week, the Federal Reserve may take measures such as lowering the interest rate paid to banks on reserve balances. The current interest rate level is 15 basis points above the lower limit of the federal funds target range - given that the current target range is 4%-4.25%, the actual interest rate is 4.15%. If the interest rate is lowered by 5 basis points, banks will be more inclined to give up reserve interest and invest funds in the repo market instead. This move will help to curb fluctuations in market repo rates. Analysts at research firm Wrightson ICAP expect the Federal Reserve to eventually implement this fine-tuning, but they point out that it may be too early to make such a decision at the October meeting next week. (Jinshi)