Bear Fed, others hungry?
14 March 2008
Email
Share
Its bailout of Bear Stearns is the third time it has relaxed the rules for pumping liquidity into the market in a week. If any more institutions need cash, the Fed’s $700bn of conventional firepower might be depleted. It might then have to find yet more unconventional tools.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.