@Revolution:Global Business News

New Economy, Leadership, Entrepreneurship, Management, Global Business

Wall Street Awaits Feds Announcement

Posted by iBlog on September 9, 2007

Investors have been hoping for weeks for a rate cut from the Federal Reserve, which meets Sept. 18. But now, after last week’s disagreeable jobs report, Wall Street is more nervous than ever over the possibility that even the expected quarter-point rate cut next week may not be enough to save the economy from slipping into recession and stocks from sliding into negative territory for the year.

Read the full article in Yahoo.com

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