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Global liquidity could gag again as economic crisis persists, Financial Stability Board warns

By Neil Roland
  • 15 Jul 2020 16:25
  • 15 Jul 2020 20:52

Global liquidity could choke again as it did in March, including in offshore US dollar funding markets, triggered by new slides in the economy, unchecked rises in Covid-19 cases or a major default, the Financial Stability Board warned today.

“Volatility in markets has decreased but may well return,” FSB Chairman Randal Quarles said

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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