Soros: Fed options wane
Jan. 24 - Billionaire financier George Soros says the US central bank, the Fed, has increasingly limited options to deal with the credit crisis.
Speaking to Reuters Davos Today programme during the World Economic Forum, Soros said the crisis would not be simple to solve due to a "boom-bust sequence" on the housing markets.
For full coverage from Davos 2008, go to:
http://uk.reuters.com/news/globalcoverage/worldeconomicforum2008
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