Author Topic: Fed slashes interest rates by half point  (Read 388 times)

Offline Josetann

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Fed slashes interest rates by half point
« 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...

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