Wednesday, May 21, 2008

Stagflation fears send stocks sharply lower - Reuters - SendMeRSS


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Stagflation fears send stocks sharply lower
Reuters - 1 hour ago
By Kristina Cooke NEW YORK (Reuters) - Stocks tumbled on Wednesday, posting their biggest losses in two weeks, amid fears the US economy faces 1980s-style stagflation after the Federal Reserve slashed its economic growth forecasts while raising ...
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