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Credit chaos may force Fed boss to make fresh rate cut (The New Zealand Herald)

Story date: 2007-10-28 09:46:53
Added on: 2007-10-28 19:00:19


US Federal Reserve chairman Ben Bernanke is poised to make a second emergency cut in interest rates this week as the chaos from the sub-prime mortgage fiasco ripples through America's economy, exposing hundreds of thousands of families to the threat of losing their homes.


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