Thick Creamy Discharge
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Wednesday, 24 December 2008
LIBOR after the Federal Reserve cuts
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Doesn't look like the federal reserve interest rate cut made much of a difference to America's LIBOR rates.
The pound on the other hand, well, that's still drifting downwards with the help of the Bank of England's interest rate cuts.
I for one am a little worried about the ongoing downward drift of the EURO LIBOR rates, its like no one is driving.
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