Thursday, April 24, 2008

Fed to Slash Rates Again, Then What?

Fed to Slash Rates Again, Then What?

The Federal Reserve has cut the federal-funds rate to 2.25 percent from 5.25 percent, amounting to seven reductions over a span of eight months, and experts anticipate another 0.25 percentage point cut at its April 29-30 . . . .

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