US stocks soar after Fed slashes interest rates
Story date: 2007-09-18 11:37:00
Added on: 2007-09-18 16:00:19
Daily Telegraph - US stock markets surged after the Federal Reserve slashed its main interest by half a ... Housing is no better, with trouble that began in the sub-prime mortgage sector ... the Fed itself intervene to inject $38bn and to cut the inter-bank discount rate ...
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