Wednesday, October 29, 2008

Fed considers another rate reduction to cushion pain from credit, financial crises

Fed weighs another rate reduction to limit fallout

Yahoo!My Yahoo!Mail Make Y! your home pageYahoo! SearchSearch:Sign In New User? Sign UpFinance Home -Help Welcome [Sign In] To track stocks & more, Register Financial News Enter symbol(s) BasicPerformanceReal-time MktDetailedChartResearchOptionsOrder Book Symbol Lookup 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

Posted by malct @ 09:27 AM (588 views)
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