Central bankers trim stimulus

FOUR of the world&rsquo;s top central banks said yesterday they would scale back injections of US dollars into their banking systems, as markets being to stabilise.<br /><br />The US Federal Reserve said it would begin to scale back short-term cash auctions in early 2010, while the European Central Bank, the Swiss National Bank, and the Bank of England announced they would curtail steps taken to ensure dollar liquidity. <br /><br />The co-ordinated measures suggest a slow pull-back from the stimuli used to prop up lenders.<br />