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Fed Expected to Cut Rates for 2nd Time

Story date: 2007-10-31 03:30:00
Added on: 2007-10-31 04:00:30


Newsday - With lenders tightening mortgage standards, marking it harder for prospective buyers to qualify for loans, and defaults continuing to rise, the slump in housing has deepened. Financial markets also have a new worry in the latest surge in oil prices ...


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