Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $20,510
25%  
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Keyword: moneyinjection

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  • Japan:BOJ pumps 1 trillion yen into money market in sync with ECB, Fed (damage control)

    08/09/2007 11:12:08 PM PDT · by TigerLikesRooster · 50 replies · 1,247+ views
    Kyodo News ^ | 08/10/07
    BOJ pumps 1 trillion yen into money market in sync with ECB, Fed TOKYO, Aug. 10 KYODO The Bank of Japan pumped 1 trillion yen ($8.5 billion) into the money market Friday after the European and U.S. central banks supplied liquidity in efforts to calm subprime-mortgage turmoil in global financial markets. The central banks of Japan, the United States and Europe took a coordinated action to provide liquidity for the first time since the Sept. 11, 2001, terrorist attacks on the United States. The size of the BOJ's money injection was larger than usual, according to money market traders....