091211 ECB Watch: ECB: strong reaction on liquidity but no new signs on SMP
Published on Thursday, December 8, 2011
091211 ECB Watch: ECB: strong reaction on liquidity but no new signs on SMP
A wide range of measures approved: lower refi rates by 25 bp, liquidity provision up to 3 years, softer collateral and reserve requirements. Significant downward revision of GDP growth projections...
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