UK Business

What central banks are doing to safeguard financial stability and why they must proceed with caution

Written by Drew Woodhouse, Senior Lecturer in Economics, Sheffield Hallam University

Trying to maintain some stability.David Gyung/Shutterstock

Before a crucial week of interest rate decisions for central banks, and on the eve of the emergency takeover of banking giant Credit Suisse, the Bank of England and five other major central banks announced a coordinated effort to boost the flow of US dollars through the global financial...

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