Fed and ECB inject £44bn to unglue money markets
Fed and ECB inject £44bn to unglue money markets
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Central banks in the US and Europe pumped money into the financial system yesterday to try to unglue the money markets as the price of inter-bank lending continued to rise, causing fears about the wider economy. |
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News entry number 1069 added on Sep 7, 2007 in the Business News category.
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