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Thread: US cuts the interest rates by 75 points
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[quote=JIMMYB,276518]"Lowering of the interest rate would help thru an increase in (domestic) consumer consumption but the offset would be a decrease in foreign investments (because of the interest rate decrease+ dollar depreciation)" Thus, US should encourage more foreign investors to come in. But the fact is not. Chhinese Huawei's failure to merge with 3Com is a good example. [/quote]
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