They all join in: European Central Bank, Bank of England, Bank of Japan and Fed have announced co-ordinated effort to steady the market. Don't know what this entails, but they're worried!
Clarified thread title.-FL
Quinny wrote:It looks to me that there's gonna be one big effort to keep the wheels on which will just allow greater momentum when we meet the edge of the gorge. Maybe they're hoping they can Evel Kneivel onto the next Peak.
FRANKFURT, Germany -Europe's major central banks banded together with their counterparts in Japan, the U.S. and Canada on Thursday to inject more U.S. dollars into global money markets in a bid to stave off the growing global financial crisis.
Ferretlover wrote:Quinny, it would be helpful if you would provide some links.
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