Fed likely to cut rates to 3.75 percent: PIMCO's Gross
Story date: 2007-10-16 07:51:00
Added on: 2007-10-16 09:25:35
Washington Post - NEW YORK (Reuters) - The Federal Reserve will cut interest rates again but probably not at the October policy-making meeting ... added that the rate of 3-month LIBOR (London Interbank Offered Rate) should be 35 basis points lower than its current ...
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