Commentary: Central banks' move signals apprehension

12/17/2007 | Washington Post (tiered subscription model), The

The Washington Post columnist David Ignatius says the recent move by central bankers to inject liquidity into the financial system shows their nervousness over the credit crisis. "The global credit squeeze that began last summer still hasn't run its course, and the central bankers fear that the stressed financial system could pull the world economy into a deep recession," Ignatius writes.

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