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A critique of the ECB's liquidity policies | 66 comments (66 topical, editorial, 0 hidden)
Re: A critique of the ECB's liquidity policies (4.00 / 4)
What do you make of the overnight rate EONIA, that is supposed to rise as excess liquidity dwindles? It certainly spiked over the New Year, corresponding to a period where ECB sterilisation was failing, then fell and spiked again. It looks as if it's on an uptick at the moment after a considerable fall.

It's certainly become more volatile since mid-2010.

by afew (afew(a in a circle)eurotrib_dot_com) on Thu Feb 24th, 2011 at 05:25:15 AM EST
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A critique of the ECB's liquidity policies | 66 comments (66 topical, 0 editorial, 0 hidden)
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