Permanent historical factsheet

Primary Dealer Credit Facility Reintroduced

United States of America · Economy / Federal Reserve. Chronological records rendered directly from the World History Database.

1Records
2020Date range
1Named people
1Places

Chronological records

2020

Jerome Hayden Powell17 March 2020

Washington · Economy / Federal Reserve

The Federal Reserve reestablishes the Primary Dealer Credit Facility, offering secured funding to primary dealers so they can continue making markets and supporting the flow of credit during severe pandemic-related stress.

Names involved

Jerome Hayden Powell

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.