US recession unlikely over sub-prime fears - expert
Story date: 2007-08-28 10:37:00
Added on: 2007-08-29 06:14:03
News.com.au - ... rate at which it lends to qualifying banks by a half percentage point to 5.75 per cent amid worry that problems in the sub-prime mortgage market were shrinking credit market liquidity. Mr Regalia said he expected the Federal Reserve to cut interest ...
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