World-News: Fed pumps $8bn into market to head off new crunch

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Fed pumps $8bn into market to head off new crunch

Central bankers are becoming nervous that a renewed credit crunch could destabilise financial markets around the end of next month, and the US Federal Reserve has pumped an initial $8bn (£3.9bn) into the market to help ease the mounting pressure.

http://news.independent.co.uk/business/news/article3198940.ece

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rudkla - 29. Nov, 00:50

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