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The Philly Fed Index Opens the Door for Another 50-Basis Point Cut, And Raser Opens

February 22, 2008

By Horacio Marquez

Email – #150 ** The Philly Fed Index Opens the Door for Another 50-Basis Point Cut, And Raser Opens Investors’ Eyes Earlier this week, we saw weakness in the Philly Fed index, which provides an opening for the Fed’s continued support of the economy and the markets. We have to recognize, though, that the Fed minutes implied [...]