Lorie Logan started her new job as president of the Federal Reserve Bank of Dallas just over a week ago, but on Wednesday lost no time making clear she is ready to jump in alongside her fellow U.S. central bankers to fight inflation. “Being president of the Dallas Fed and as a policymaker, our number…
NY Fed’s Logan Says Banks May Have Access to Standing Repo Facility by Early 2022
October 15, 2021
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The domestic standing repo facility established by the Federal Reserve this year could be open to banks by early next year, a top New York Federal Reserve official said on Thursday. The U.S. central bank began accepting applications from banks earlier this month for the program, which allows financial firms to borrow cash on an…
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