The ECB, BofE, BoJ and the Swiss National Bank said last week that they would offer short-term dollar funding via the Fed’s swap lines only once a week, instead of three times at height of crisis. Confirmation of stabilization.
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RT @LeusderListicle: @adam_tooze Yes the only thing more frightening than the yawning output gap is the attitude of lordly nonchalance
RT @LeusderListicle: @adam_tooze Yes the only thing more frightening than the yawning output gap is the attitude of lordly nonchalance towa…