Published 1 year ago

Global central banks announce joint action to keep dollars flowing

Summary by Ground News

The world's leading central banks jointly announced new action to try to keep U.S. dollars flowing easily through the global banking system, returning to a strategy used extensively in past crises.

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BBC News

Central banks to boost flow of US dollars amid market unease

Six central banks move to keep credit flowing worldwide after two big institutions collapsed.

1 year ago·United Kingdom

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Reuters

Fed, other central banks set joint liquidity operation

The U.S. Federal Reserve on Sunday said it had joined with the Bank of Canada, Bank of England, Bank of Japan, European Central Bank and Swiss National Bank in a coordinated action to enhance the provision of liquidity through the standing U.S. dollar swap line arrangements.

1 year ago·United Kingdom

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CNN

Fed and other central banks try to head off crisis by keeping dollars flowing

The US Federal Reserve and several other major central banks announced a coordinated effort Sunday night to boost the flow of US dollars through the global financial system with the aim of keeping credit flowing to households and businesses.

1 year ago·Atlanta, United States

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KRDO

Fed and other central banks try to head off crisis by keeping dollars flowing

By Mark Thompson, CNN The US Federal Reserve and several other major central banks announced a coordinated effort Sunday night to boost the flow of US dollars through the global financial system with the aim of keeping credit flowing to households and businesses. “The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enh…

1 year ago·Colorado Springs, United States

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KIFI

Fed and other central banks try to head off crisis by keeping dollars flowing

1 year ago·Idaho Falls, United States

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CNBC

Fed, other central banks set joint liquidity operation

A number of central banks around the world worked in coordination to enhance the provision of liquidity through the standing U.S. dollar swap line arrangements.

1 year ago·United States

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