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Old 12-12-2007, 02:15 PM
italkcash italkcash is offline
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Default Rates set to be cut again

Rates are set to be cut again, maybe before 2008, but for sure in January by the FED. This impact could probably solve some of the credit crisis in USA as most banks have lost billions on the latest mortgage loans. In another turn, it could put the dollar even lower as less people want to trade the dollar. Either way, the marked will be very turbulent in the next few months.
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