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Federal Reserve cash backstop nears depletion as markets focus on oil

The source says one Federal Reserve (U.S. central bank) liquidity backstop is almost empty while broader attention remains on oil prices.

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Terms & Concepts
  • Federal Reserve: The central bank of the United States, responsible for monetary policy, liquidity support, and financial system stability.
  • Liquidity backstop: An emergency funding facility designed to provide cash support when markets or institutions face funding stress.