Wednesday, October 31, 2007

Fed Lowers Key Interest Rate by a Quarter Point

This article refers to the reduction of short-term rates by 0.25%, that was made today in Washington

http://www.nytimes.com/2007/10/31/business/31cnd-fed.html?ex=1351569600&en=1cc628d4bb5768c9&ei=5124&partner=permalink&exprod=permalink
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