source : cnn.com/money
Central bank lowers key rate to lower borrowing costs for consumers, businesses, as it risks lower dollar in effort to ward off recession.
US markets are rocking at the moment with DOW and NASDAQ each gaining more than 3%
read the full story here
I will present the analysis of this and its impact on the indian markets after Walstreet closing bell.
Fed cuts rates by 3/4 of a point
Non Technical Satish Tuesday, March 18, 2008 1 comments
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1 comments:
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