US cuts interest rates after global market drop - 22 Jan 08
Al Jazeera English
2012-04-25
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The US treasury may have halted a global market dive some feared would cost billions of dollars.
An interest rate cut as dramatic as 0.75% could make it easier for Americans to manage their mortgages and debt.
But some business leaders say this action is too little, too late.
An interest rate cut as dramatic as 0.75% could make it easier for Americans to manage their mortgages and debt.
But some business leaders say this action is too little, too late.
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