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                    [Title] => Markets regain their footing
                    [Summary] => In our article three weeks ago, we said that "we expect the US Fed to signal the end of its tightening process soon, which will provide an impetus for a rally in emerging market stocks (Fear Overcomes Greed, June 12, 2006)."


The US Fed raised its key interest rate by another quarter of a percentage point to 5.25 percent last week. But as we have anticipated, the committee report has been toned down to suggest a considerable softening to its tightening bias.


                    [DatePublished] => 2006-07-03 00:00:00
                    [ColumnID] => 135252
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                    [AuthorID] => 1357954
                    [AuthorName] => Ignacio B. Gimenez
                    [SectionName] => Business
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FEAR OVERCOMES GREED

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                    [Title] => Markets regain their footing
                    [Summary] => In our article three weeks ago, we said that "we expect the US Fed to signal the end of its tightening process soon, which will provide an impetus for a rally in emerging market stocks (Fear Overcomes Greed, June 12, 2006)."


The US Fed raised its key interest rate by another quarter of a percentage point to 5.25 percent last week. But as we have anticipated, the committee report has been toned down to suggest a considerable softening to its tightening bias.


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abtest

Markets regain their footing

By Ignacio B. Gimenez | July 3, 2006 - 12:00am

In our article three weeks ago, we said that "we expect the US Fed to signal the end of its tightening process soon, which will provide an impetus for a rally in emerging market stocks (Fear Overcomes Greed,...

Business