- The U.S. Senate approved the $700 bailout plan.
- U.S. factory orders fell 4.0% in August, more than expected.
- The European Central Bank kept its interest rate unchanged at 4.25%. Trichet said policy makers “discussed” cutting interest rate.
- Producer prices in the Euro area fell 0.5% in August.
1 comment:
Greed is such an ugly word. We free market devotees refer to them as animal spirits who get carried away occasionally.
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