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#backstop — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #backstop, aggregated by home.social.

  1. 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 federalreserve.gov/newsevents/