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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: Paul Kern	8/17/2007 8:06:06 AM
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Goldman Sachs Says Fed Will Cut Rate to 4.5 Percent in 2007 By Brian Swint Aug. 17 (Bloomberg) -- The U.S. Federal Reserve will cut the overnight target interest rate to 4.5 percent from the current 5.25 percent this year, Goldman Sachs Group Inc. economists forecast in a research note today. The Fed will reduce the rate by at least 0.25 point on or before policy makers meet on Sept. 18, according to the note. To contact the reporter on this story: Brian Swint in London at bswint@bloomberg.net . Last Updated: August 17, 2007 07:36 EDT

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