Thursday, September 06, 2007

A billion here , a billion there....

Well, another $57 billion actually. The ECB lobbed it into the pot today, just to be sure. I make it about $400billion in total they've rammed down the collective throats of the markets.
Not that the good old BoE has done anything.
The other really interesting thing is from Wall Streets current gyrations is that someone, somewhere has clearly been tipped the wink of a cut in the Fed rate - or a massive bailout.

UPDATE: Er, another $30 odd billion between ECB and the Fed today.

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