The dollar mostly declined Wednesday, with the euro bumping up near $1.50 as a Federal Reserve official said in a speech that interest rates could possibly not rise until 2012 from their current record low near zero — if the Fed acts as it has before.
Lower interest rates can drive down the value of a [...]
Posts Tagged ‘business leaders’
Dollar mostly lower as Fed official says ‘2012′
November 18th, 2009 by Financial Writer
Tags: business leaders, economic, fed, Federal Reserve, recessions, the dollar
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