Sentences with phrase «coordinated central bank action»

Not exact matches

Moreover, it was not a coincidence that China made its announcement on the same morning that the other major central banks of the world announced their coordinated action to head off a liquidity crunch for European banks.

Recent policy actions, including today's rate reduction, coordinated interest rate cuts by central banks, extraordinary liquidity measures, and official steps to strengthen financial systems, should help over time to improve credit conditions and promote a return to moderate economic growth.

Thanks to a coordinated plan of attack on part of global sovereign bankers, and reiterated by new policy actions from the European Central Bank, the markets shrugged off early losses in the year with a very solid recovery in March.

Recent policy actions, including today's rate reduction, coordinated interest rate cuts by central banks, extraordinary liquidity measures, and official steps to strengthen financial systems, should help over time to improve credit conditions and promote a return to moderate economic growth.

I would also not be surprised by a coordinated intervention by the major central banks, given the actions taken by a number of central banks over the past few weeks.»

Central banks will likely take coordinated action to avoid a liquidity crisis.