Fed Starts Repo Facility to Provide Dollars to Central Banks
An elevator mechanic wears the Board of Governors of the Federal Reserve System seal on his shirt while operating an elevator at the Fed in Washington. (Photographer: Andrew Harrer/Bloomberg)

Fed Starts Repo Facility to Provide Dollars to Central Banks

(Bloomberg) -- The Federal Reserve, in its latest response to strains caused by the coronavirus pandemic, has opened a temporary repurchase agreement facility for foreign central banks to support t...
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