Wednesday, 11 July 2007

Fed's Warsh says no systemic risk from subprime

(Reuters) - However, the Fed also sees the possibility of more losses ahead from the subprime shakeout, Warsh added.




"From the Federal Reserve's perspective, I think our overall view is that there are certainly losses, that we might not be at the bottom of this tumult," he said.


Read more at Reuters.com Government Filings News

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