U.S. Fed cuts key interest rate to 2% - Xinhua News Agency

Story date: 2008-04-30 02:06:00
Added on: 2008-04-30 19:22:09

WASHINGTON, April 30 (Xinhua) -- The U.S. Federal Reserve decided Wednesday to cut a key interest rate by one quarter percentage point to 2.0 percent to prevent the economy from slipping into recession. The Wednesday action, the seventh straight move ...


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