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      World Stock Markets Agairman Fall Sharply as Federal Reserve Hints of Rate Cut


      fed chairman ben bernanke, squeen on a television screen on the new york stock exchange trading floor, dustring his luncheon address to the national association for business economics 0, 7 oct .
      australia late tuesday cut its short-term interest rate by a full percentage point, a move likely to be followed by other asian economies .
      federal reserve board chairman ben bernanke, spoke to a conference (in washington) and for the first time suggested that the central bank may consider a further interest rate cut to boost economic growth .
      2008 some analysts expercent coordinated action by central banks in europriate, america and japan sto cut rates to deal with the global credit squeeze .
      new york financial markets declined again tuesday, washile europe also closed lower as the global credit squeeze shows no sign of easing .
      Generated 2008-10-10_6:41


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