Fed’s Williams: SOFR Rate System Has Performed Well During Coronavirus Crisis

Wall Street Journal, July 13, 2020–Michael S. Derby (subscription)
Federal Reserve Bank of New York President John Williams said Monday that a replacement for the scandal-plagued Libor interest-rate reference regime has fared well amid the stresses seen in the financial system during the coronavirus pandemic.
https://www.wsj.com/articles/fed-s-williams-sofrratesystem-has-performed-well-during-coronavirus-crisis-11594655100?mod=hp_major_pos2#cxrecs_s