(NEW YORK) "A divided Fed cut interest rates by three-quarters of a percentage point to 2.25%, delivering less than the markets hoped for despite the magnitude of the move. The central bank highlighted growth risks, but discussed inflation concerns. The vote was 8-2 on the move."
Tuesday, March 18, 2008
Fed cuts rate .075 percent
Labels:
.075,
3/4,
bernancke,
ceo,
economy,
fed,
federal researve,
market update,
rarrr,
rate cut,
stern bear
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment