Fed calls it's Sept. rate cut 'prudent'

Story date: 2007-10-08 05:54:00
Added on: 2007-10-09 23:29:48

Houston Chronicle - Fed policymakers unanimously agreed to slash interest rates by one-half percentage point to 4.75 percent, calling it "the most prudent course of action," according to minutes of the Sept. 18 meeting released Tuesday. The minutes underscored just how ...


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