ECB Vice President De Guindos Confirms Federal Reserve Will Continue Supplying US Dollar Liquidity Abroad

Luis de Guindos, Vice President of the European Central Bank (ECB), affirmed that the swap line arrangement between the ECB and the Federal Reserve has been beneficial for both sides of the Atlantic. He expressed confidence that the Federal Reserve will continue to provide US dollar liquidity abroad, maintaining its role as a pillar of global financial stability. This ongoing cooperation is seen as a positive factor in supporting international dollar funding and financial market stability.