Did the Fed’s Dollar Swap Lines Work?

Abstract: In March, the Federal Reserve took steps to increase the supply of dollars to foreign markets to ensure liquidity and lessen volatility. Did the policies work?

Keywords: dollar swap lines; foreign and international monetary authorities repo facility; fima repo facility; COVID-19; coronavirus;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2020-11-24