@Revolution:Global Business News

New Economy, Leadership, Entrepreneurship, Management, Global Business

Wall Street Awaits Feds Next Move

Posted by iBlog on August 20, 2007

So far, Wall Street, beset by fears that credit problems in mortgage and corporate lending will cripple the economy, has been stubbornly signaling to the central bank that it wants a bailout — ideally, by way of a cut in the benchmark fed funds rate.

Read the full article in Yahoo.com


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