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Fears abate but still linger post-Fed

Policymakers and investors breathed a sigh of relief on Monday as Federal Reserve action brought calm to shaken financial markets, but experts said it was too soon to discount a global credit crisis.

Central banks add money for third day

Central banks in the world's leading economies pumped money for a third day into the financial system on Monday, but in smaller amounts as investor nerves steadied over the dangers of a credit squeeze.

Market spasms put monetary tightening path in doubt

Central banks probably will halt their monetary tightening campaign and the Federal Reserve may start cutting interest rates to ward off a global credit crunch, financial market dealers said on Friday.

Central banks step in amid credit crisis

Central banks around the globe pumped billions of dollars into banking systems on Friday in a concerted effort to beat back a widening credit crisis, and pledged to do more if needed. n all, central banks in Europe, Asia and North America have pumped out more than $300 billion over 48 hours in an effort to keep money flowing through the arteries of the global financial system, hoping to prevent a credit market seizure that could imperil economies.

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Cut the Gobbledygook, World Financiers Told

ngel Gurria of the OECD, an economics think-tank, believes bankers and economists must speak simply, whatever their mother tongue, and he made the point while attending one of the world's biggest gatherings of financial leaders, in Singapore.

ECB Could Raise Interest Rates

Top European Central Bank policymakers on Friday left open the possibility of a bigger than expected rate rise as the ECB's chief expressed dissatisfaction with inflation running above target.