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IPFS News Link • Economy - Economics USA

Global stock markets dive on US interest rate fears

6-6-2006 • AFP

Equity markets faced heavy losses across Europe and Asia, mirroring an overnight Wall Street slump, after the US Federal Reserve took a hard line on inflation, renewing prospects for interest rates to rise. Stock markets in London, Paris and Frankfu

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Reported By Powell Gammill

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Global stock markets dive on US interest rate fears

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