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Don't 'discount' Fed's rate hike


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2010 Feb 21, 4:11am   593 views  0 comments

by PeopleUnited   ➕follow (2)   💰tip   ignore  

http://money.cnn.com/2010/02/19/markets/thebuzz/

"The fact that many big banks enjoyed gargantuan profits last year was in large part due to the Fed keeping rates so low. And that has led to a populist backlash against the financial services sector and the Fed itself."

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