America will bounce back

Headline: America will bounce backSource: EuromoneyDate: October 2001Author: David Roche I am convinced that the outcome of the human tragedy of September 11 will be a gutsy renewal of solidarity and confidence, recently lacking in the US, on the part of Americans and foreigners.         View graph large A return to normal […]

Headline: America will bounce back
Source: Euromoney
Date: October 2001
Author: David Roche

I am convinced that the outcome of the human tragedy of September 11 will be a gutsy renewal of solidarity and confidence, recently lacking in the US, on the part of Americans and foreigners.

       

View graph large



A return to normal is part of defying this evil. On September 17 the US Federal Reserve responded by cutting interest rates by 50 basis points, to make 350bp of cuts so far this year.






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