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BOE eyes liquidity scheme for all seasons

by Jane Wardell

BANK of England Governor Mervyn King said yesterday the central bank plans a standing liquidity facility as part of a framework for international stability designed to avoid repeats of the current global credit squeeze. ...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200806/20080611/article_362729.htm"> BOE eyes liquidity scheme for all seasons </a> by -- BANK of England Governor Mervyn King said yesterday the central bank plans a standing liquidity facility as part of a framework for international stability designed to avoid repeats of the current global credit squeeze. ... </p>