15.12.07

Inyectan US$100,000 millones más a los mercados

Con esto, suman ya más de US$700,000 millones "inyectados" a los mercados en unos 3 meses. Y la crisis de solvencia sólo empeora.
The Federal Reserve, the Bank of England and the European Central Bank, along with central banks in Canada and Switzerland, will together make around $100bn available to markets that have been clamouring for cheaper money since July.

The Fed, which only last night cut interest rates, plans to make $40bn available to banks over the next two months. In Europe, the ECB and the Swiss National Bank are prepared to pump as much as $24bn into the markets.

The move comes amid growing concern for the fate of the money markets and stock markets in London and New York, after interest rate cuts by the Fed and the Bank's Monetary Policy Committee failed to improve the increasingly negative mood.

The Bank said it planned to raise the amount of money it is offering to City banks in the money markets from £2.85bn to £11.35bn ($23bn), with the vast bulk of this cash being reserved for the benchmark three-month money market, which is at the core of the crisis.

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