That way, our policy actions get through to people and businesses. In turn, when containment measures are lifted, the recovery will be easier to attain, and sustain. Today, I’d like to discuss some of the specific programs the Bank has put in place to achieve both of these goals—that is, to ensure funding liquidity and market liquidity.
I’ll also provide you with some early results we’re seeing. Finally, I’d like to talk about our interest rate announcement yesterday and how the actions we’ve taken will contribute to the eventual recovery. The importance of liquidity So, what does liquidity mean, and why does it matter?