Pimco's Gross: Rates Could Fall to 3-3/4% In Next Year
Story date: 2007-10-01 08:59:00
Added on: 2007-10-01 10:00:17
CNBC - ... manager of the world's largest bond fund, Monday said that the subprime mortgage ... On Sept. 18, the Fed cut interest rates by an agressive half-percentage point to 4-3 ... Home prices have been declining for nearly 12 months and "only now is the Fed ...
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