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Additional reports :
  • The Bank of England and the Swiss National Bank continued their offers of U.S. dollars through overnight lending on Tuesday but reported that demand for the cash had tapered off, more evidence that short-term credit markets were loosening up.
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  • WASHINGTON - Until recently, the idea that deflation - the decline of most prices - was possible, let alone a potential economic danger, seemed outlandish. If anything, inflation was the threat. Led by rising oil and food prices, it was increasing in ...
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