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Archive for the ‘Interest drop’ Category

>New News: No One Knows The Turnaround Date


Bernanke hints at rate cut; Wall Street surges (AP)

Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Monday, Oct. 20, 2008, before the House Budget Committee. (AP Photo/Lawrence Jackson)AP – Wall Street found some reasons for optimism Monday when the credit markets showed signs of easing and Federal Reserve Chairman Ben Bernanke appeared to open the door for further interest rate cuts.