Bear Stearns exec sees need for 100 bp rate cut
Story date: 2007-10-04 08:41:00
Added on: 2007-10-04 18:00:27
Reuters - Federal Reserve needs to cut interest rates by another 100 basis points to help ease the mortgage sector's current crisis. Tom Marano also said he expected that further Fed rate cuts would come over the next three quarters and were likely to total ...
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