Breaking News Alert
The New York Times
Wednesday, April 30, 2008 -- 2:18 PM ET
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Fed Cuts Rate by a Quarter Point, to 2%
The Federal Reserve's policy-setting Open Market Committee
lowered the benchmark Federal Funds target rate by
one-quarter point, to 2.0 percent. The Fed gave no indication
that its thinking about the economy had changed or that it
planned to stop cutting rates now.
Read More:
http://www.nytimes.com/?emc=na
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