Fed's bold global plan won't benefit consumers for months (at MarketWatch)

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Fed's bold global plan won't benefit consumers for months (at MarketWatch)

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12-13-2007, 02:44 AM

Ron Burgundy Ron Burgundy is offline

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Fed's bold global plan won't benefit consumers for months (at MarketWatch)

CHICAGO -- For consumers able and ready to take out new home loans or finance a car, the Federal Reserve's aggressive initiative announced Wednesday to pump money into the global banking system won't be of much help now.

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