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E.U. commits $2.4 trillion and says ball is now in your court, U.S.

bloggingstocks.com » 2008 » October » 14th » E.U. commits $2.4 trillion and says ball is now in your court, U.S.

Tagged: european union, france, germany, eu, united kingdom, euro, fed, interest rates, dollar, bond market, monetary policy, ecb, money supply, bank of england, eurozone, euro zone, european central bank, credit markets, mortgage backed securities, u s federal reserve, u s treasury, fiscal policy

BloggingStocks: Gosh. Golly. Gee Whiz.That was the reaction Monday of traders and economists to the European Union's coordinated decision to invest a staggering $2.4 trillion in interbank loan guarantees and bank recapitalizations, ft.com reported, to end the global... Read more Filed under: International markets, Forecasts, Federal Reserve, Financial Crisis … Continue Reading »

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