Advantage Funds - On The Trading Desk: How Central Are Central Banks? Nick Bennenbro

Big central banks like the Federal Reserve, the European Central Bank, and the Bank of Japan have been at the center of the recent economic and financial storm, but a lot of what we hear relates more to politics than to the realities of currency and finance. What is their real role and power? Here with some answers is Nicholas M. Bennenbroek, head of Currency Strategy for Wells Fargo Foreign Exchange. Nick also hosts the Wells Fargo FX Express podcast.

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Each Friday, veteran journalist Peter Nulty interviews portfolio managers for Wells Fargo Advantage Funds(R) to recap the business and Wall Street events that shaped the week as seen through the eyes of professional money managers.