Federal Reserve is carefully monitoring developments in global financial markets

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Federal Reserve is carefully monitoring developments in global financial markets

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The following press release was published by the Board of Governors of the Federal Reserve System on June 24, 2016. It is reproduced in full below.

The Federal Reserve 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 Federal Reserve 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.

For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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