Fed Slashes Key Rate by 0.5% to 4.75
Fed Slashes Key Rate by 0.5% to 4.75
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The Federal Reserve on Tuesday slashed benchmark interest rates by a half-percentage point in a bold bid to buffer the economy from a housing slump and related financial market turbulence. |
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News entry number 2364 added on Sep 19, 2007 in the Business News category.
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