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Fed Votes to Cut Rate a Quarter-Point to 2%
By admin | April 30, 2008
Exclusive: Fed Votes to Cut Rate a Quarter-Point to 2%The is Cutting Rates Another 25bp; Fed Says “Substantial” Easing to Date Should Promote Growth, Financial Markets Remain Under “Considerable Stress”; Vote 8-2, With Plosser and Fisher Dissenting; Uncertainity About Inflation “Remains High” and Economic Activity “Remains Weak” |
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