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KC Fed's George: Consumers Reluctant to Borrow Despite Low Rates
Market News International | Tuesday, February 12, 2013
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There is a reduced appetite for debt among U.S. consumers, while corporations are focused on rebuilding their balance sheets and are held by uncertainties such as future fiscal policy, despite the aggressive actions by the Federal Reserve to keep interest rates at exceptionally low levels, Kansas City Federal Reserve Bank...

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Lessons from litigation over interest rate derivatives may come into sharp focus as the time for Lehman to bring claims against counterparties who terminated derivative instruments shortly after its bankruptcy filing will expire.

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