Rate cut like a holiday, but bill will come due

Story date: 2007-09-24 12:10:00
Added on: 2007-09-24 07:36:29

New York Daily News - The Fed had lowered interest rates by half a percentage point. Everyone was celebrating, like ... In this case, I think the prime motivation was to stave off a financial panic. But a rate cut will not solve the underlying issues.


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