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Reuters: Fed's Yellen says key rate is probably low enough

Started by chris, May 15, 2008, 03:21:05 AM

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chris

Fed's Yellen says key rate is probably low enough
      


TACOMA, Washington (Reuters) - A top Federal Reserve official said on Wednesday that interest rates have "come way down" in recent months, and with inflation looming the central bank's key lending rate has probably been cut enough for now, despite risks to growth.
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