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financial crisis timeline

Financial crisis timeline: how did we get here?

by Jay HammondJanuary 6, 2009 Economy

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!In June 2003, the Federal Reserve lowered the prime rate to 1 percent. It was the lowest prime rate in 45 years. It was also the starting point for the financial crisis that has led to hundreds of billions [...]

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