| Author (Person) | Barber, Tony, Major, Tony |
|---|---|
| Series Title | Financial Times |
| Series Details | 14.9.01, p3 |
| Publication Date | 14/09/2001 |
| Content Type | News |
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The Governing Council of the European Central Bank decided on 13 September 2001 not to make an emergency emergency interest rate cut in response to market disruption caused by the terrorist attacks in the United States of America. In addition the Federal Reserve of the United States and the European Central Bank have agreed on a $50 bn swap arrangement in order to facilitate the functioning of financial markets and provide liquidity in dollars. |
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| Subject Categories | Business and Industry, Economic and Financial Affairs |
