Central banks and governments must be prepared to take further action including interest rate cuts to fight the credit crisis and recession that threaten the global economy, John Gieve, the deputy governor of the Bank of England, said last night.
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Bank chief demands more action to prevent turmoil
Central banks and governments must be prepared to take further action including interest rate cuts to fight the credit crisis and recession that threaten the global economy, John Gieve, the deputy governor of the Bank of England, said last night.
