Re: Update- ECB not to terminate key Fed swap line provisions
December 23, 2008 at 08:47 AM EST
[Skip to the end] (email exchange) Thanks- good heads up by Matt Franko! With this clarification the ECB seems to recognize the systemic support these swap lines provide, and will have to find other means of keeping a lid on the euro if that’s what they want to do. > > On Tue, Dec 23, 2008 at 9:21 AM, Cesar [...]