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	<title>Comments on: LIBOR Becomes a Bit More Accurate, So Financial Crisis Becomes a Bit Worse</title>
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	<link>http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/04/22/libor-becomes-a-bit-more-accurate-so-financial-crisis-becomes-a-bit-worse/</link>
	<description>Views on the Economy and the World</description>
	<pubDate>Mon, 13 Oct 2008 09:42:59 +0000</pubDate>
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		<title>By: libor</title>
		<link>http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/04/22/libor-becomes-a-bit-more-accurate-so-financial-crisis-becomes-a-bit-worse/#comment-1109</link>
		<dc:creator>libor</dc:creator>
		<pubDate>Mon, 19 May 2008 18:06:39 +0000</pubDate>
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		<description>[...] ? libor becomes a bit more ... libor Woes: Jeff Frankel of Harvard writes that while the London ...http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/04/22/libor-becomes-a-bit-more-accurat...LiborADC: Allen &#38;amp Heath: Audient: Beyer Dynamic: Doremi: Gepco: LA Audio: Mayah: Miranda: [...]</description>
		<content:encoded><![CDATA[<p>[...] ? libor becomes a bit more &#8230; libor Woes: Jeff Frankel of Harvard writes that while the London &#8230;http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/04/22/libor-becomes-a-bit-more-accurat&#8230;LiborADC: Allen &#38;amp Heath: Audient: Beyer Dynamic: Doremi: Gepco: LA Audio: Mayah: Miranda: [...]</p>
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		<title>By: Economics Blog : Secondary Sources: McCain Economist, Libor, Energy Technology, Oil</title>
		<link>http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/04/22/libor-becomes-a-bit-more-accurate-so-financial-crisis-becomes-a-bit-worse/#comment-554</link>
		<dc:creator>Economics Blog : Secondary Sources: McCain Economist, Libor, Energy Technology, Oil</dc:creator>
		<pubDate>Wed, 23 Apr 2008 15:34:59 +0000</pubDate>
		<guid isPermaLink="false">http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/04/22/libor-becomes-a-bit-more-accurate-so-financial-crisis-becomes-a-bit-worse/#comment-554</guid>
		<description>[...] Libor Woes: Jeff Frankel of Harvard writes that while the London interbank offered rate is getting more accurate (thanks in part to a recent Journal article), it&#8217;s making the financial crisis worse. &#8220;Libor is again relatively reliable, which matters because many economically important borrowing rates are keyed off of Libor. But it is also bad news, in that an increase in the official Libor then has a contractionary impact on the real economy &#8212; again because so many economically important borrowing rates are keyed off of it. Libor has risen about 50 basis points since the last Fed interest rate cut, including 25 basis points in just the last week. It seems likely that the latter rise is the manifestation of the restoration of Libor</description>
		<content:encoded><![CDATA[<p>[...] Libor Woes: Jeff Frankel of Harvard writes that while the London interbank offered rate is getting more accurate (thanks in part to a recent Journal article), it&#8217;s making the financial crisis worse. &#8220;Libor is again relatively reliable, which matters because many economically important borrowing rates are keyed off of Libor. But it is also bad news, in that an increase in the official Libor then has a contractionary impact on the real economy &#8212; again because so many economically important borrowing rates are keyed off of it. Libor has risen about 50 basis points since the last Fed interest rate cut, including 25 basis points in just the last week. It seems likely that the latter rise is the manifestation of the restoration of Libor</p>
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	<item>
		<title>By: Assorted Links &#171; Mostly Economics</title>
		<link>http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/04/22/libor-becomes-a-bit-more-accurate-so-financial-crisis-becomes-a-bit-worse/#comment-541</link>
		<dc:creator>Assorted Links &#171; Mostly Economics</dc:creator>
		<pubDate>Wed, 23 Apr 2008 04:46:42 +0000</pubDate>
		<guid isPermaLink="false">http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/04/22/libor-becomes-a-bit-more-accurate-so-financial-crisis-becomes-a-bit-worse/#comment-541</guid>
		<description>[...] Frankel points that LIBOR spreads have corrected a bit and financial crisis becomes [...]</description>
		<content:encoded><![CDATA[<p>[...] Frankel points that LIBOR spreads have corrected a bit and financial crisis becomes [...]</p>
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	<item>
		<title>By: Interest Rates &#187; LIBOR becomes a bit more accurate, so financial crisis becomes a &#8230;</title>
		<link>http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/04/22/libor-becomes-a-bit-more-accurate-so-financial-crisis-becomes-a-bit-worse/#comment-528</link>
		<dc:creator>Interest Rates &#187; LIBOR becomes a bit more accurate, so financial crisis becomes a &#8230;</dc:creator>
		<pubDate>Tue, 22 Apr 2008 17:23:24 +0000</pubDate>
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		<description>[...] Read the rest of this great post here [...]</description>
		<content:encoded><![CDATA[<p>[...] Read the rest of this great post here [...]</p>
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