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Reuters: NY Fed chief says low rates needed for some time

Started by chris, March 06, 2008, 09:01:02 PM

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chris

NY Fed chief says low rates needed for some time
      


NEW YORK (Reuters) - The U.S. central bank may need to keep interest rates low for some time if extreme stresses in financial markets persist, threatening the economy, New York Federal Reserve President Timothy Geithner said.
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