Coordinated #CentralBank action to enhance provision of US #dollar #liquidity. #BankofCanada, #BankofEngland #BOE t#BankofJapan, #EuropeanCentral Bank, t#FederalReserve, and #SwissNationalBank announce coordinated action to enhance provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. These central banks is a set of available standing facilities & serve as an important #liquidity #backstop to ease strains in #GlobalFunding markets https://www.federalreserve.gov/newsevents/pressreleases/monetary20230319a.htm