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PBoC swap lines total $4.3 billion as Fed remains at zero, Tracy Alloway notes

PBoC swap lines total $4.3 billion as Fed remains at zero, Tracy Alloway notes
PBoC swap lines at $4.3 billion

Tracy Alloway, industry influencer, reports that the Council on Foreign Relations has updated its tracker for swap lines. According to Alloway, outstanding swap lines from the People’s Bank of China stand at a record $4.3 billion, while the U.S. Federal Reserve currently has none.

Alloway has previously tracked shifts in economic outlook. Earlier, she reported that U.S. consumer sentiment hit a record low. The same report highlighted a rise in one-year inflation expectations.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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