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View Full Version : Crude Oil Rises as Interest Rate Cuts May Spur Economic Rebound - Bloomberg



NewsWhore
10-30-2008, 01:41 AM
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Crude Oil Rises as Interest Rate Cuts May Spur Economic Rebound (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DayYkOExcw.T8%26refer%3Dafrica&cid=0&ei=mUoJSaCWHZnK8AST78HnAQ&usg=AFQjCNGJoi3CfKvPaiDpA6GRfPK15sVubg)
Bloomberg - 10 minutes ago
Investors often purchase crude oil and other dollar-priced commodities when the US currency drops because of their use as an inflation hedge. ...


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