Federal Reserve Creates Another Liquidity Facility to Supply U.S. Dollars Overseas
Posted on 03/31/2020
In a bid to halt U.S. dollar shortages in certain markets, the Federal Reserve revealed the creation of a a temporary repurchase agreement facility for foreign and international monetary authorities (FIMA Repo Facility) to help support the smooth functioning of financial markets, including the U.S. Treasury market, and thus maintain the supply of credit to […]
