Tuesday, March 18, 2008

Fed cuts key interest rates by 3/4 point (Reuters)

Why don't we see the lower rates?

Reuters - The Federal Reserve slashed a key U.S. interest rate by three-quarters of a percentage point on Tuesday, a substantial cut but smaller than many in financial markets had expected, as part of an effort to hold off a deep recession and financial meltdown.


http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20080318/bs_nm/usa_fed_dc

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