Political Quotes

Jerome Powell: Those swaps really work. They did a great job, as you know. They were a fundamental part of our program to stabilize the…

On the recordJuly 13, 2021
Those swaps really work. They did a great job, as you know. They were a fundamental part of our program to stabilize the global financial markets and dollar funding markets.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Powell discusses the effectiveness of financial swaps in stabilizing markets.

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