Fed swap lines

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Seems the Fed is no isolating the USD swaps to foreign CBs.

From my reading of the January 29 numbers the balance is about $466 billion:

Central bank liquidity swaps (13) $465,853 million – $2,672 million.

This down from where I thought it was as there were other assets mixed in on previous Fed reports.

Still a troublesome number, however. That’s a lot of unsecured loans to foreign governments without Congressional oversight.