Unix Timestamp: 1190073600
Tuesday, September 18. 2007, 12:00:00 AM UTC


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Tuesday, September 18, 2007

The United States Federal Reserve cuts a key short-term interest rate by a half-percentage point, resulting in a stock market rally. //money.cnn.com/2007/09/18/markets/markets_0445/index.htm?eref=rss_topstories (CNN Money)
The Bank of England injects £4.4 billion of liquidity into the U.K. Financial System as a response to the Subprime Mortgage Financial Crisis, after £2 billion of deposits are removed from the Northern Rock bank in the three days after it applied for emergency funding from the Bank. //news.bbc.co.uk/2/hi/business/7000035.stm (BBC)
Source: Wikipedia