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12-13-2007
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,569
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US stocks: Market drops on Fed's small rate cut
NEW YORK - US stocks fell sharply this morning (NZT) after the Federal Reserve cut interest rates by a quarter-percentage point, disappointing investors who had hoped for a more aggressive rate reduction.The US central bank cut...
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