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Central banks flash red
The US Federal Reserve has downgraded growth forecasts and the European Central Bank warned bank risk indicators are 'flashing red'. But as James Mackintosh, investment editor, notes, the Fed’s forecasting record isn't great and bank exposure to Europe's periphery is well known. Perhaps markets should pay less attention to what central banks say.
Video Length: 340
Date Found: June 23, 2011
Date Produced:
View Count: 0
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