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As credit crisis festers, Fed set to cut rates

Story date: 2007-12-11 05:30:00
Added on: 2007-12-11 06:00:22


Reuters - Federal Reserve is widely expected to cut interest rates on Tuesday by at least a quarter-percentage point to fortify the ... betting the Fed lowers the benchmark federal funds rate by a quarter-percentage point to 4.25 percent from its current ...


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