Did the Fed’s Dollar Swap Lines Work?

Sung Ki Hong and Devin Werner

On the Economy from Federal Reserve Bank of St. Louis

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 (search for similar items in EconPapers)
Date: 2020-11-24
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:89097

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