When will Fed rate cuts kick in? (Inside Bay Area)
Story date: 2008-08-05 03:13:23
Added on: 2008-08-05 15:14:32
WASHINGTONTHE FEDERAL RESERVE'S most aggressive rate-cutting campaign in decades so far has failed to lift the country's out of its economic doldrums. The Fed, which started ratcheting down rates last September, halted the campaign in June, citing concerns about rising inflation.
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