“If the Fed was to sharply increase the size of the FIMA facility in line with the U.S. administration request, we would consider it as an indirect way of Fed monetary financing of UST and an additional dollar negative.”

George Saravelos · said date not stated · reported 2026-08-19

Saravelos said an expansion of the FIMA facility in line with the U.S. administration's request would amount to indirect Fed monetary financing and be dollar-negative.