ECB president talks on the Credit crunch

source-Financial times video

china increased gold reserve

China  doubled its gold reserves according to Financial Times.

beige book(April 15, 2009)

ベイジュブック要約

Reports from the Federal Reserve Banks indicate thatoverall economic activity contracted further or remained weak. However, five of the twelve Districts noted a moderation in the pace of decline, and several saw signs that activity in some sectors was stabilizing at a low level.

米経済活動は更に収縮、依然弱いが住宅、消費に薄日が見える。