fed minutes, 2022-03-16
High levels of reserves in the banking system and the backstop facilities in place—the new repurchase agreement facility for foreign and international monetary authorities (FIMA Repo Facility) and the standing repo facility (SRF), as well as the standing central bank liquidity swap lines and the discount window—likely supported market confidence regarding the availability of liquidity and helped contain funding pressures.
Sentiment: neutral
Topic: financial_stability