Tuesday, November 27, 2007

Trichet has plenty of helicopters too...

'ECB Set to Pump More Cash into Money Markets 

Fresh emergency action to pump funds into the money markets was announced on Friday night by the European Central Bank amid renewed fears that liquidity in the credit markets is again starting to dry up. 

On Friday night the bank said it would inject an unspecified amount of extra liquidity next week, noting "re-emerging tensions" -- and would do so until at least the end of the year...'

Όλο το άρθρο: http://www.gata.org/node/5780 
Πρώτη δημοσίευση: Financial Times

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