U.S. to take on credit crisis
U.S. to take on credit crisis
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Bush and Bernanke break from their usual form with talk of home loan guarantees and hints of a rate cut. Hoping to calm turbulence in the financial markets, President Bush and Federal Reserve Chairman Ben S. Bernanke took separate steps Friday to ease the credit crunch that has socked investors and dried up access to home loans for millions of Americans. |
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News entry number 109 added on Sep 2, 2007 in the Business News category.
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