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20. Mobius sees Fed rates at 1%

The Star Online: Most Viewed: Business wrote an interesting post today on
Here’s a quick excerpt
The Federal Reserve may cut interest rates to 1% as US housing foreclosures worsen, said Mark Mobius, who oversees US$47 billion in emerging-market equities at Templeton Asset Management Ltd.

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This entry was written by and posted on May 2, 2008 at 10:30 pm and filed under Show Me D. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment(Latest is displayed first) or leave a trackback: Trackback URL.

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