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Europe’s Money Woes Reach Toward United States
New York AP reports Europe’s inflation fight and higher interest rates threaten U.S. markets. Rising foreign rates attract capital abroad, dampening American growth. International pacts ease swings, but Denmark Netherlands Britain and Italy move rates while U.S. Fed stays at 3½.
MENTIONED IN THIS ARTICLE
New York
Europe
United States
U.S
American
IUS
National Bank of
Denmark
Netherlands
Far Jier
Italy
U.S. Federal Reserve