US Fed rate Meeting Update

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1. It is very likely that U.S. Fed rate will be once again dropped by at least 0.25% which will result in release of additional funds for the developing economies.

2. The said Fed meeting is scheduled on 11 Dec and thus in case Mr Ben Bernanke Fed Governor is not buckled by his co members of Fed it is very likely that the rate may be dropped by atleast 0.25%.

3. However potent contrary indication is the rate quoted at LIBOR which is at variance to Fed rate whereas it used to be in synchronous with Fed rate.

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