European fFinancial market strains

Central Banks Deliver Coordinated Program to Counter Funding Strains

November 30, 2011

At 13:30 GMT, the European Central Bank, Federal Reserve Bank, Bank of England, Swiss National Bank, Bank of Japan, and Bank of Canada simultaneously posted statements on their web sites announcing new actions to grease their collective ability to address financial market strains that are constraining credit to final users.  The statements have three parts. […] More