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Fed Cuts Key Rate by Half Point Fed Cuts Key Rate by Half Point
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Old 01-30-2008, 03:58 PM
dannybly's Avatar
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Default Fed Cuts Key Rate by Half Point
Uncle Ben cuts again -

WASHINGTON (AP) -- The Federal Reserve on Wednesday cut a key interest rate for the second time in just over a week, reducing the federal funds rate by a half point. It signaled that further rate cuts were possible.

Fed Cuts Interest Rates by 1/2 Point: Financial News - Yahoo! Finance

let's hope this doesn't lead to double digit inflation....
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