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martes, septiembre 18, 2007 Escrito PorAdam J. Segala las01:40 PM | Comentar | Imprimir | Enviar a Correo The U.S. Federal Reserve announced it has cut a key interest rate. ABC News reports: The Fed announced Tuesday that it was reducing its target for the federal funds rate, the interest that banks charge each other, from 5.25 percent to 4.75 percent.
Bloomberg reports: Mexico's currency rose, snapping a four-day decline, as traders anticipated the Federal Reserve will cut its benchmark lending rate today, making returns on Mexican fixed-income securities more attractive. And Reuters reports Mexican "stock surge" on the Fed news.
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