Affichage des articles dont le libellé est ECB. Afficher tous les articles
Affichage des articles dont le libellé est ECB. Afficher tous les articles

jeudi 9 octobre 2008

ECB Liquidity Changes

I noticed something in a news item that I read today that I thought I'd share.While the big news is focused on the coordinated drop in central bank rates, the ECB did something else. They also eliminated their auction system. No, no, they haven't stopped providing liquidity, they are just doing it a different way than the standard auction process.What now?They are making unlimited amounts