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In Fed we trust, but can it get us out of this mess? (USA Today)

Story date: 2008-03-17 10:51:34
Added on: 2008-03-17 23:00:20


As the Fed meets Tuesday consider another deep cut in the short-term lending rate that influences a broad swath of consumer and business loans, concern is growing that even its most aggressive efforts may not be sufficient to ease an unprecedented global credit crunch and to keep the U.S. economy and world financial system on track.


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