What Are the Fed’s Dollar Swap Lines and FIMA Repos, and Why Do They Matter?
Werner, Devin; Hong, Sungki (2020-10-08)
Making it easier for central banks to access U.S. dollars helps calm exchange rate volatility and allow markets and credit lines to operate smoothly.
On the Economy

Did the Fed’s Dollar Swap Lines Work?
Werner, Devin; Hong, Sungki (2020-11-24)
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?
On the Economy