Wednesday, January 30, 2008

Fed Cuts Interest Rates by 1/2 Point

WASHINGTON -- 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.THE TRUTH IS...No stimulus plan by itself can save this nation from the looming recession and beyond. Recessions are part of an economic

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