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Bush, Paulson see the sunny side

Story date: 2007-08-22 03:20:00
Added on: 2007-08-22 16:35:04


St. Petersburg Times - It's the interest that banks charge each other on overnight loans and is the central bank's main lever to influence economic activity. A cut in the funds rate would cause commercial banks to lower the prime lending rate charged to many consumers and ...


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