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Rate-Cut Speculation Dominates Market

Story date: 2007-09-02 03:11:00
Added on: 2007-09-02 03:35:03


Wall Street Journal - Fed action could also help cushion the downturn in the housing market if mortgage rates also decline. On Friday, the Dow Jones Industrial Average advanced 119 points, or 0.9%, after a speech by Fed Chairman Ben Bernanke increased investor optimism ...


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