Central Banks Ease Most Since 2009
By Scott LanmanCentral banks across five continents are undertaking the broadest reduction in borrowing costs since 2009 to avert a global economic slump stemming from Europe’s sovereign-debt turmoil.
The U.S., the U.K. and nine other nations, along with the European Central Bank, have bolstered monetary stimulus in the past three months. Six more countries, including Mexico and Sweden, probably will cut benchmark interest rates by the end of March, JPMorgan Chase & Co. forecasts.
More to learn about doomsday
Comment: Evil forces are on the march. We've let them go. The main propagando tool of the evil forces was quite simple: convince the public that there are no evil forces.
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