The Federal Reserve’s decision to raise the interest rate on short-term loans sent overseas stocks lower and gave fresh momentum to a rise in the dollar.
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Fed Rate Move Rattles Stocks and Sends Dollar HigherCourtesy NYT > Business Fri, 02/19/2010 - 04:47
The Federal Reserve’s decision to raise the interest rate on short-term loans sent overseas stocks lower and gave fresh momentum to a rise in the dollar. Related itemsFed to keep interest rate near zero for 2 years
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