Orlando Mortgage Blog

European Union Ante's Up A Trillion

May 10th, 2010 8:02 AM by BILL WILBANKS


In a move to calm the turmoil the EU and ECB ante's up €750 bln ($955 bln). After closing it out in February, the U.S. Federal Reserve agreed to reopen swap lines with other Central Banks to ensure adequate access to U.S. dollars. It will remain open until January, 2011.


Posted in:General
Posted by BILL WILBANKS on May 10th, 2010 8:02 AM


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