(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."
Showing posts with label federal researve. Show all posts
Showing posts with label federal researve. Show all posts
Tuesday, March 18, 2008
Fed cuts rate .075 percent
Labels:
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bernancke,
ceo,
economy,
fed,
federal researve,
market update,
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rate cut,
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