Wednesday, Oct 29, 2008
Fed considers another rate reduction to cushion pain from credit, financial crises
Assoc. Press via Yahoo: Fed weighs another rate reduction to limit fallout
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AP
Fed weighs another rate reduction to limit fallout
Tuesday October 28, 5:03 pm ET
By Jeannine Aversa, AP Economics Writer
Fed considers another rate reduction to cushion pain from credit, financial crises
WASHINGTON (AP) -- Disappearing jobs, burrowing consumers and skittish companies are reasons for the Federal Reserve to ratchet down interest rates and brace the tottering economy.
Fed Chairman Ben Bernanke and his colleagues opened a two-day meeting Tuesday
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