Uncategorized - September 28, 2007 8:00
Freddie CEO puts U.S. recession chance at 40-45 pct: report
Freddie CEO puts U.S. recession chance at 40-45 pct: report
NEW YORK (Reuters) – The chief executive of Freddie Mac warned that the U.S. economy faces a 40 percent to 45 percent risk of recession induced by the housing market downturn, the Financial Times reported on its Web site.
Source: feeds.reuters.com
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