Forex - ECB injects 348 billion euros at 4.21%; BoE injects only ?10billion.
ECB injects 348 billion euros at 4.21%; BoE injects only ?10billion. The Bank of Japan begins the final policy meeting of the year today with Governor Fukui clearly concerned about the effects of the US downturn on the Japanese economy. US Treasury Secretary Paulson reiterated that the turmoil in the housing market still weighs on the economy and growth will continue to be effected.