The Fed may provide as much as $2 trillion in liquidity relief for banks after the SVB collapse, JPMorgan says

• The Fed's Bank Term Funding Program may inject $2 trillion into US banking, JPMorgan said.
• The emergency lending mechanism was created after SVB's failure to help prevent similar bank runs.
• "The usage of the Fed's (Bank Term Funding Program) BTFP is likely to be big," JPMorgan said.

After the collapse of three lenders last week, the Federal Reserve may inject up to $2 trillion into the banking system, according to a Wednesday note from JPMorgan Chase.