example of trading profit and loss account The same is true of unconventional interventions in corporate bonds and mortgage-backed securities. Not surprisingly, the concept of central bank independence obviously help to specific financial institutions - and this time, the whole society are under unprecedented economic pressures - soon become politically toxic. Central bankers must learn to speak in colloquial language To do this, monetary and fiscal policymakers must work together, including letting the central bank liquidate its budget deficit in extreme circumstances. But central bank independence is an obstacle, not a help, in working with the financial sector. Frances O 'grady, chief secretary of the UK federation of industry and industry, said: "this suggests that brexit uncertainty has damaged the household budget. Work and living standards must be a priority in determining the best choice for brexit. The government should maintain a single market membership at the negotiating table. " In the week ended Dec. 15, U.S. crude stocks fell 520 barrels to 438.7 million barrels, the API said, with analysts predicting a decrease of 3518,000 barrels. Cushing's crude inventories rose by 70,000 barrels.