THE CENTRAL BANKS' BAILOUT OF SHORT-TERM FUNDING MARKETS
ON 12-DEC-07

Five central banks, the Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank adopted measures to reduce "pressures in short-term funding markets." The Federal Reserve established a temporary $40 billion Term Auction Facility (TAF) scheduled for 17-Dec-07 and 20-Dec-07.
 

WHAT FORCED THEM TO INTERVENE?
DID THEY SUCCEED?

PSYCHO-POLITICAL ANALYTICS

 

Tracking History As It Unfolds
Awareness/Attention and Emotions/Feelings/Irrationality Indexes/Charts

MI2 Historical Data

Published 12-Feb-08. Updated 15-Feb-08.
Copyright © 2001-2008 by Dr. Edward E. Ayoub. All Rights Reserved.