Quantcast
Results tagged “businesscentraleuropeanbank”
Worldwide Central Banks Pump Cash into Markets

Worldwide Central Banks Pump Cash into Markets

Wall Street is poised for a rally as central banks around the world--from the U.S.'s Federal Reserve to the European Central Bank and Bank of Japan (and others)--put more cash into the markets. Per the NY Times:

The Fed said in a statement that it had authorized a $180 billion expansion of its temporary reciprocal currency arrangements, known as swap lines, to allow banks to borrow more dollars in markets at a lower rates... more ›

1

send a tip

tips@gothamist.com
Follow gothamist on Twitter