Posted AT 4:39 PM EST on 11/03/08
Central banks move to ease credit crunch
TORONTO, OTTAWA — The Bank of Canada joined forces with U.S. and European central banks on Tuesday, flooding the market with billions of dollars worth of liquidity in a synchronized bid to help alleviate an ongoing global credit crisis.
Just before equity markets opened in North America, the U.S. Federal Reserve Board unveiled a plan to inject as much as $200-billion (U.S.
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