Central Banks Pull Together to Give Markets, ETFs An Assist
September 18, 2008 at 13:00 PM EDT
After three days of staggering volatility, all eyes remain on financials and the sector’s exchange traded funds (ETFs) to see what they’ll do next. The Federal Reserve and the world’s other major central banks stepped up their assistance to the global markets today, making almost $200 billion available after bank lending ground to halt, report Matthew [...]