Global Business Report: BOE Holds Rate Steady

The video discusses global central banks' interest rate decisions, including the Bank of England and Swiss National Bank maintaining low rates, and Norway's rate cut to prevent recession. Alan Greenspan highlights the limitations of central banks in addressing economic issues, emphasizing fiscal over monetary problems. The video also covers a proposal for US and California pollution funds and Saudi Arabia's involvement in addressing the oil glut, with oil prices rising 30% recently.

According to Alan Greenspan, what is the fundamental problem confronting central banks?

Evaluate responses using AI:

OFF

What are the two funds discussed in relation to pollution linked to emissions tests?

Evaluate responses using AI:

OFF