- Oct 9, 1999
- 39,234
- 701
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Holy crap!! :shocked:
We must really look bad as far as the economy for the FED to do this, especially with inflation rearing it's ugly damn head.
More to follow....
We must really look bad as far as the economy for the FED to do this, especially with inflation rearing it's ugly damn head.
More to follow....
Fed Slashes Rates by Three-Quarter Points-
With recession fears growing, the Federal Reserve slashed the federal funds rate by three-quarters of a point. Most investors expected a full-point reduction. Today?s cut comes on the heels of the Bear Stearns bailout and U.S. Treasury Secretary Henry Paulson saying the U.S. economy is in "sharp decline." Details coming?... » read more