Jobless rate hits 2-year high of 5%

Story date: 2008-01-04 11:07:00
Added on: 2008-01-04 16:54:36

Los Angeles Times - The central bank already has sliced its signal-sending federal funds rate, the interest banks charge each other for short-term loans, a full percentage point since September, when it first reacted to the sub-prime mortgage mess and deepening credit ...


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