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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 (none / 0)
So the recent more prolonged spikes, taking EONIA above the refinancing rate a couple of times, could be the result of healthier banks looking for liquidity to use (ie lend and therefore inject into the economy), and having difficulty finding it because the ECB is tightening by sterilising bond purchases?
by afew (afew(a in a circle)eurotrib_dot_com) on Fri Feb 25th, 2011 at 04:40:37 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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