ALTERNATIVE REFERENCE RATES COMMITTEE
undoubtedly accelerate that progress,” said John . Williams, President of the &ederal Reserve Bank of New York and Co- hair of the &inancial Stability oard’s Official Sector Steering 'roup. “Keep in mind: the end of 2021 and of new LIBOR is coming quickly, so take action now to build a solid SOFR foundation and ensure you are ready.”
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