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NY Fed markets head says central bank will be transparent with new lending facilities

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Apr 17 '20 | By oiam2companyadmin | Views: 42 | Comments: 0

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Investors fled to safety as worries about the coronavirus outbreak increased, leading to heightened volatility and requiring the Federal Reserve to respond rapidly to stem losses from a "synchronized global selloff" and to help markets function, a senior official at the New York Fed said Friday.
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Source: https://www.reuters.com/article/us-usa-fed-liquidity/ny-fed-markets-head-says-central-bank-will-be-transparent-with-new-lending-facilities-idUSKBN21Z2FK?feedType=RSS&feedName=businessNews

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