Blue Flower

Of all the interventions that can happen, central bank intervention, if only verbal, usually has the biggest effect.

We are talking about Wall Street traders here.
 
They worship the central bank - at least since near the end of Greenspan's time as Fed chairman.
 
By then, they were calling him "Maestro".
 
They did not care, per se, HOW he did it, only THAT he did it.