In October 2007, barely one month after the Fed’s first 50 bps rate cut (and the ECB’s early panic), as France’s Finance Minister Largarde told her colleagues in Washington that, yes, subprime was contained.
In October 2007, barely one month after the Fed’s first 50 bps rate cut (and the ECB’s early panic), as France’s Finance Minister Largarde told her colleagues in Washington that, yes, subprime was contained.
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