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Reuters: Europe cuts rates as U.S. consumers hit by crisis

Started by dave, November 06, 2008, 10:59:57 PM

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dave

Europe cuts rates as U.S. consumers hit by crisis
      


NEW YORK (Reuters) - Britain and Europe slashed interest rates on Thursday amid recession fears deepened by some of the worst U.S. retail sales in decades and an IMF forecast for an economic contraction not seen since World War Two.</p><div class="feedflare">
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