Thursday, December 1, 2011

Close Ties Facilitated Central Banks' Coordinated Moves

Fed Chairman Ben Bernanke and the world's other leading central bankers have developed close ties after fighting crises since 2007, which has made it easier for them to take swift action together when needed. And worries at the Fed and other central banks have been building since the summer that Europe's problems were boiling over into global markets.  READ MORE....

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