The US Federal Reserve reopened currency swap facilities with other major central banks on Sunday to help ease market strains in Europe. The Fed revived facilities established during the 2007-2008 financial crisis with the European Central Bank, the banks of Canada and England, and the Swiss National Bank. “These facilities are designed to help improve liquidity conditions in US dollar funding markets and to prevent the spread of strains to other markets and financial centers,” the Fed said in a statement.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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2024 is not the year to cut corners on staging — here’s why
With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio