Central Banks Video & Audio

“…sector have been replaced by new look for the -- by the central bank. . And even that it's not clear at all that this would be sufficient to sort of thought that the increased. And nervousness and recalcitrant for the part of companies to invest or hire the bigger risk of that that is that these are the types of decisions you know usually lend money to. Better not really the purview of an Independent central bank it's really the kind of job that congress is supposed to be or the administration. That is one reason why he said …”

“…Good morning that was the biggest cut in 16 years by Australia's central bank of full 1% and that little spring and Wall Street stood up this morning. After yesterday with could certainly use it right now obvious and the NASDAQ futures each -- of -- 1%. The Dow futures and by 33 that's a third of a percent. Now market watchers around the world are hoping for additional rate cuts investors for Michigan coach from the Fed in Washington and the European Central Bank. . London and Paris markets are moving up this morning at least 1% the German market basically flat. Consumers really put the brakes …”

“…Custody. Moves to get banks trusting backs liquidity. Not just liquidity and central banks the movement of funds between between banks. …”

“…it may be that he'll do with -- in concert with other central banks. . In the other major developing countries. You know I think Ben Bernanke right now feels probably like he is on a roller coaster without a seat belt and I think all the central bankers feel that way were even straining to some extent the capacity of what our central banks can do. I'm not sure that Bernanke necessarily wants to lower rates or thinks it's gonna do any good but I think …”

“…almost five years. And Australian market showed major gains after the country's central bank slashed the interest rates by 1%. …”

“…days and really I think it's. Come to -- bold action to Bank of England them in the the heightened financial market turmoil. Very tight credit conditions has shot some -- from the -- today. All of …”

“…US treasury to try to shore up confidence. The Federal Reserve the central bank will for the first time ever. Begin paying interest on money that banks keep with the reserves -- move. Meant to encourage …”

“…morning Denmark and Sweden. Moved to bolster protection of bank accounts the European Central Bank the bank of England and the -- Swiss national bank. Also offered more than sixty billion dollars today to try and keep their financial sector -- …”

“…fund their businesses. Have shut down. And the feds and basically the central banks around the world are going to have to have a concerted effort to get confidence back in the system so that the …”

“…go back to the late nineteenth century when JPMorgan was essentially the central bank of the US. These banks are are are scurrying out of it absorbent save each other did you see them being broken …”