Meltzer on Central Banks' Coordination

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Nov. 30 (Bloomberg) -- Allan Meltzer, a professor at Carnegie Mellon University, talks about the decision by the Federal Reserve and five other central banks to cut the cost of emergency dollar funding for European banks in response to the region's sovereign-debt crisis. Meltzer, speaking with Tom Keene on Bloomberg Television's "Surveillance Midday," also discusses the prospects for the euro. (Source: Bloomberg)

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