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Credit market will cheer a Fed cut

Story date: 2007-10-29 08:54:00
Added on: 2007-10-29 21:00:17


Globe and Mail - Home   National British Columbia Prairies Ontario Quebec Atlantic Politics Education World ... losses — particularly for financials — on assets linked to subprime mortgage debt ... yet to realize that the Fed cannot “save the day” by continuing to cut rates ...


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