Global central banks announce joint action to keep dollars flowing

Central banks take swift action to keep cash flowing amid investor fears

Central banks have rushed to keep cash flowing through the world's financial systems after the failures of two US banks and the rescue of Credit Suisse sent shockwaves across global markets.

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

(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 enhance the provi…

Global central banks open daily dollar taps to help banks

Top central banks, faced with the risk of a fast-moving loss of confidence in the financial system, moved to bolster the flow of cash around the world.

Business Maverick: Fed and global central banks move to boost dollar funding

The Federal Reserve and five other central banks announced coordinated action on Sunday to boost liquidity in dollar swap arrangements, the latest effort by policymakers to ease growing strains in the global financial system.

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…

Central banks boost global dollar liquidity after Credit Suisse rescue

The major central banks of the world will step up so-called swap line operations, which give non-US central banks greater access to dollars.