TheTechGuide Forum

General Category => News => Topic started by: Josetann on January 30, 2008, 03:04:17 PM

Title: Fed slashes interest rates by half point
Post by: Josetann on January 30, 2008, 03:04:17 PM

The U.S. Federal Reserve took a big gamble by cutting the federal interest rates by a half-percentage point in order to stimulate growth and scuttle recession fears.  WASHINGTON--The Federal Reserve cut interest rates by a hefty half-percentage point on Wednesday as part of an aggressive effort to halt a...

Click here (http://\"http://news.zdnet.com/2424-9595_22-186039.html\") to read the full article.