‘Interest Rates’ News

LIBOR growth rate pressurizes interest rate cut

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Posted 2007-12-6

The London Interbank Offered Rate (LIBOR) - the rate at which banks lend unsecured funds to one another - has shown sharp growth. Experts say this is one of the key factors behind a probable cut but which has also led to a return of the critical situation in the credit industry seen during the summer. ...

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