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Unemployment rate rises to highest point in year

Story date: 2007-10-05 09:44:00
Added on: 2007-10-05 13:00:19


Houston Chronicle - To cushion the economy and bolster confidence, Federal Reserve Chairman Ben Bernanke and his colleagues last month sliced a key interest rate by one-half percentage point to 4.75 percent. It was the first rate cut in more than four years. Policymakers ...


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