NY Fed's Logan: Fed moved quickly to address market dislocations in spring

by Aurelia Butler 14 October 2020, 19:20 109 Views

The Fed’s purchases of Treasury securities and its commitment to do more if necessary, along with the introduction of several emergency lending facilities, helped to keep money flowing through key markets, said Lorie Logan, an executive vice president at the New York Fed and the manager of the System Open Market Account (SOMA), during a panel organized by the Securities and Exchange Commission.

Source: Economy - investing.com

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NY Fed's Logan: Fed moved quickly to address market dislocations in spring

U.S. State Department issues sanctions warning to banks over Hong Kong crackdown

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