Breaking News Alert
The New York Times
Wednesday, October 8, 2008 -- 7:13 AM ET
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Fed Leads Global Coordinated Rate Cut
The U.S. Federal Reserve led a coordinated round of global
official rate cuts on Wednesday, easing the key rate by a
half-point. Other central banks, including the European
Central Bank, the Bank of England and the Swiss, Canadian and
Swedish banks also lowered rates by a half-point.
Read More:
http://www.nytimes.com/?emc=na
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