The Fed’s Emergency Facilities: Usage, Impact, and Early Lessons

Abstract: Remarks at Hudson Valley Pattern for Progress (delivered via videoconference).

Keywords: COVID-19; Federal Reserve; facilities; markets; credit; financial conditions; liquidity; lending; Treasury; programs; pandemic; Primary Dealer Credit Facility (PDCF); Money Market Liquidity Facility (MMLF); Commercial Paper Funding Facility (CPFF); Municipal Liquidity Facility (MLF); Term Asset-Backed Securities Loan Facility (TALF); Secondary Market Corporate Credit Facility (SMCCF); CARES Act;

Access Documents

File(s): File format is text/html https://www.newyorkfed.org/newsevents/speeches/2020/sin200708
Description: Full text


Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Speech

Publication Date: 2020-07-08