Posted on 15/03/08
'Some loss of traction to central bank easing'
The cash injectionWhen the world's central banks moved this week to inject hundreds of billions of easily available cash into money markets, their main concern was the wobbly state of affairs at major financial institutions. But the financial crisis reaches well beyond Wall Street, and the trickle-down effects of the central banks' cash injections may eventually reach the so-called "real" economy.
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