Will Fed rate cuts restore confidence in markets?
Story date: 2008-01-22 02:20:00
Added on: 2008-01-22 21:46:04
Marketwatch - NEW YORK (MarketWatch) -- An emergency cut in interest rates by the Federal Reserve seemed to help restore some degree of calm in financial markets Tuesday, after a plunge in global stocks the day before revealed just how badly the subprime-mortgage ...
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