Friday, August 17, 2007

 

Breaking News: Fed cuts discount rate by 0.5%

Date: Fri, 17 Aug 2007 08:01:58 -0500
Breaking News

WASHINGTON - The Federal Reserve, declaring that increased economic
uncertainty poses risks for U.S. business growth, announced Friday that
it has approved a half-percentage point cut in its discount rate on
loans to banks.


# posted by John @ 8/17/2007 09:31:00 AM
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