Why the Fed and interest rates matter

Story date: 2008-02-13 05:19:00
Added on: 2008-02-13 15:49:14

Allentown Morning Call - Recently the Federal Reserve Board cut its benchmark interest rate by another half-point, just eight days after slashing it by three-quarters of a point in an emergency meeting. Yawn. Does anyone really care about basis points, the Fed rate, prime ...


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