Reply To: Central Bank Watch – Fed, HKMA, BOE, Norges, BSP, CBC and SNB All Hike Rates Amid Banking Crisis


Fed, BoE, BoJ, ECB SNB, BoC to coordinate action to enhance liquidity provision
– Ahead of market openings, and a week of Central Bank Policy Meetings

Bank of England

Coordinated central bank action to enhance provision of US dollar liquidity
Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Federal Reserve, Swiss National Bank are today announcing a coordinated action to enhance provision of liquidity via standing US dollar liquidity swap line arrangements

Federal Reserve statements:

daily operations will commence on Monday and will continue at least through the end of April

to improve the swap lines’ effectiveness in providing US dollar funding, the central banks currently offering US dollar operations have agreed to increase the frequency of 7-day maturity operations from weekly to daily