Recession Fear Forces Hand of US Central Bank
Pressure grows on world's largest economy
By Larry Elliott and Ashley Seager
The Federal Reserve, America's central bank, made a dramatic intervention to support share prices yesterday as it took fright that this week's meltdown in global financial markets could tip the United States into recession.
http://www.informationclearinghouse.info/article18206.htm
http://freepage.twoday.net/search?q=recession
By Larry Elliott and Ashley Seager
The Federal Reserve, America's central bank, made a dramatic intervention to support share prices yesterday as it took fright that this week's meltdown in global financial markets could tip the United States into recession.
http://www.informationclearinghouse.info/article18206.htm
http://freepage.twoday.net/search?q=recession
rudkla - 19. Aug, 23:35