Fed Says It's Prepared To Provide Dollar Liquidity

By Steve GoldsteinMarketsMarketWatch Pulse

The Federal Reserve said it is carefully monitoring developments in global financial markets, in cooperation with other central banks, following the results of the U.K. referendum on membership in the European Union. The Fed said it is prepared to provide dollar liquidity through its existing swap lines with central banks, as necessary, to address pressures in global funding markets, which could have adverse implications for the U.S. economy.

Copyright © 2016 MarketWatch, Inc.

Continue Reading Below