The Buzz Is Growing That World Leaders Will Fire Off A Globally Coordinated Bazooka

As we noted last week, analysts have been tittering over a new potential policy response to risks associated with a global slowdown—most particularly the crisis in Europe.

World leaders are worried, as evidenced by the conference call between G7 finance ministers and central bankers this morning. And with fears about bank runs in Spain escalating, some analysts expect some kind of coordinated central bank action similar to that which we saw announced last November to lower dollar swap rates between banking systems.

Read more: http://www.businessinsider.com/what-are-the-odds-of-a-global-coordinated-intervention-2012-6#ixzz1x4FpPqXo