(ForeignMarketWatch.com)
U.S. Fed Reserve Chairman Bernanke to cut interest rates further despite cutting the current rate by 3/4s of a percent. Analysts expect another 0.5 cut by January 30th. Foreigners investing in American assets will likely resist investing in American funds due to the lower rates. Nevertheless, American citizens might pump the economy by borrowing on credit since rates will be low in the interim.
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Original post by Forex Signals System and software by Elliott Back
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