Central bankers rush to calm jittery markets

Worried central bankers are scrambling to ease public fears in the wake of a harsh market reaction to their words and actions. Widespread concerns that the U.S. Federal Reserve Board is ready to turn off the easy-money taps and ratchet up interest rates have driven bond yields to their highest levels in almost two years, putting the global recovery at risk if markets don’t stabilize soon.

http://www.theglobeandmail.com/report-on-business/central-bankers-rush-to-calm-jittery-markets/article12815363/?cmpid=rss1

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.