Economy Didn't Need Fed's Help

Story date: 2007-10-05 04:03:00
Added on: 2007-10-05 21:00:21

Forbes - ... Ben Bernanke last month, it was the central banker who blinked and lowered interest ... As a succession of multibillion-dollar write downs from the sub-prime mortgage ... for a cut as large as the Fed made--half a percentage point in the Fed Funds rate ...


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