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Rate Cut Designed To Head Off Slowdown In Growth
The Federal Reserve sliced an important interest rate Wednesday - its second reduction in the last six weeks - to help the economy survive the strains of a deepening housing slump that is likely to crimp growth in coming months. ...more
November 1, 2007
Fed Keeps Rate Cut Options Open
The message from Ben Bernanke and his Federal Reserve colleagues is clear: The housing slump will drag on well into next year as credit problems linger. What's not so apparent is how they will deal with the crisis, although another interest rate cut could come this week. ...more
October 30, 2007
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