What the Fed's Coordinated Emergency Rate Cut Means for Consumers from ... - Forbes
Story date: 2008-10-08 10:00:00
Added on: 2008-10-10 21:12:54
Today, as part of a worldwide effort to ease the effects of the current economy, the Federal Reserve Board enacted an emergency interest rate cut of 50 basis points. The Fed funds rate is the key interest rate used to influence market conditions ...
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