NewsWhore
12-15-2011, 08:00 PM
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New York's Dudley Doesn't See Further Efforts by Fed to Curb Europe Crisis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHUz8rgRilp88i2VtBCBOe-a2J_jA&url=http://www.bloomberg.com/news/2011-12-15/new-york-s-dudley-doesn-t-see-further-efforts-by-fed-to-curb-europe-crisis.html)
Bloomberg
The Fed lends dollars through the swaps to other central banks, which auction them to local commercial banks and give the Fed foreign currency as collateral. “By reducing the cost of dollar funding via the swap lines last month, we reduced the pressure ...
and more » (http://news.google.com/news/more?ned=us&ncl=dRQIObdQjEnaNuM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHUz8rgRilp88i2VtBCBOe-a2J_jA&url=http://www.bloomberg.com/news/2011-12-15/new-york-s-dudley-doesn-t-see-further-efforts-by-fed-to-curb-europe-crisis.html)
New York's Dudley Doesn't See Further Efforts by Fed to Curb Europe Crisis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHUz8rgRilp88i2VtBCBOe-a2J_jA&url=http://www.bloomberg.com/news/2011-12-15/new-york-s-dudley-doesn-t-see-further-efforts-by-fed-to-curb-europe-crisis.html)
Bloomberg
The Fed lends dollars through the swaps to other central banks, which auction them to local commercial banks and give the Fed foreign currency as collateral. “By reducing the cost of dollar funding via the swap lines last month, we reduced the pressure ...
and more » (http://news.google.com/news/more?ned=us&ncl=dRQIObdQjEnaNuM)
More... (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHUz8rgRilp88i2VtBCBOe-a2J_jA&url=http://www.bloomberg.com/news/2011-12-15/new-york-s-dudley-doesn-t-see-further-efforts-by-fed-to-curb-europe-crisis.html)