Greenspan Sends Shares Reeling




Summary


LONDON shares slipped into the red today after Alan Greenspan rekindled fears of rising US interest rates and sent Wall Street into a tailspin.

The Federal Reserve chief told lawmakers on the Senate Banking Committee last night that deflation was no longer a concern and banks were well placed for higher rates. He is set to elaborate further today.

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Greenspan Sends Shares Reeling

The FTSE 100 fel...

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