US worries reverberates around globe
Story date: 2007-12-27 03:05:00
Added on: 2007-12-27 16:15:27
Gulf Times - A Merrill Lynch report calls for “modest growth to take hold late in 2008” in the US but predicts that the Federal Reserve will need to cut interest rates to 2.0% from the current 4.25% by mid-2009 to sustain the recovery. Merrill Lynch said the ...
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