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Keywords:MLF 

Speech
The Federal Reserve’s Recent Actions to Support the Flow of Credit to Households and Businesses

Remarks before the Foreign Exchange Committee, Federal Reserve Bank of New York, New York City.
Speech

Discussion Paper
Municipal Debt Markets and the COVID-19 Pandemic

In March, with the outbreak of the COVID-19 pandemic in the United States, the market for municipal securities was severely stressed: mutual fund redemptions sparked unprecedented selling of municipal securities, yields increased sharply, and issuance dried up. In this post, we describe the evolution of municipal bond market conditions since the onset of the COVID-19 crisis. We show that conditions in municipal markets have improved significantly, in part a result of the announcement and implementation of several Federal Reserve facilities. Yields have decreased substantially, mutual funds ...
Liberty Street Economics , Paper 20200629

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Cipriani, Marco 1 items

Haughwout, Andrew F. 1 items

Hyman, Benjamin 1 items

Kovner, Anna 1 items

La Spada, Gabriele 1 items

Lieber, Matthew 1 items

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