tradingkey.logo

Fed's Powell: Fed stands ready to provide dollar liquidity

ReutersApr 16, 2025 6:12 PM

- The U.S. Federal Reserve is ready to provide dollar liquidity through its swap lines with other central banks as needed, Fed Chair Jerome Powell said on Wednesday.

"We want to make sure that dollars are available," Powell said in response to a question at an event at the Economic Club of Chicago.

"The reason we do it is it's really good for U.S. consumers, so we'll do that just as part of the dollar being a reserve currency," he said.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles