Sunday, 22 December 2024
Federal Reserve is carefully monitoring developments in global financial markets
5 min read
The Federal Reserve is carefully monitoring developments in global financial markets, in cooperation with other central banks, following the results of the U.K. referendum on membership in the European Union. The Federal Reserve is prepared to provide dollar liquidity through its existing swap lines with central banks, as necessary, to address pressures in global funding markets, which could have adverse implications for the U.S. economy.
Re-disseminated by The Asian Banker
