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Fed's Yellen 'Not Confident' Recession Avoidable

Story date: 2008-02-08 10:54:00
Added on: 2008-02-08 16:49:50


CNBC - A rolling series of financial shocks means that even with benchmark interest rates set by the Fed now much lower, market-based credit conditions are no more accommodative than they were a year ago, she said. The current series of rate cuts is not ...


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