Interview with Evgeny Nadorshin
Published: 31 January, 2008, 10:01
TAGS: Interview
The U.S. Federal Reserve cut its key interest rate to 3 per cent in an attempt to provide some relief to the volatile financial markets. Evgeny Nadorshin, macro- economist at Trust Bank, spoke to RT about the risks that still remain.
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U.S. Fed cuts rate further to prevent recessionThe U.S. Federal Reserve has cut its key interest rate to 3 per cent in an attempt to provide some relief to the volatile financial markets and encourage economic growth. The widely-expected move caused U.S. stocks to initially rally but they reversed tho |
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