A pundit on CNBC just opined that the Fed could follow up the House vote with a 50 bp rate cut to further help free up credit markets, especially as California now bellies up to the bail-out bar. The vote looks like it will pass comfortably.
A pundit on CNBC just opined that the Fed could follow up the House vote with a 50 bp rate cut to further help free up credit markets, especially as California now bellies up to the bail-out bar. The vote looks like it will pass comfortably.
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