The Fed cut rates yesterday by 25 basis points as markets has correctly priced. The statement from the Fed is clear with a few important messages. According to the statement:
a) This cut together with the previous one in September were designed to
Written on November 1, 2007 by Juan Toro in Financial Markets
The Fed cut rates yesterday by 25 basis points as markets has correctly priced. The statement from the Fed is clear with a few important messages. According to the statement:
a) This cut together with the previous one in September were designed to
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