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Reuters: Fed's Fisher - past rapid cuts may not mean more

Started by chris, March 07, 2008, 01:57:27 PM

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chris

Fed's Fisher - past rapid cuts may not mean more
      


PARIS/FRANKFURT (Reuters) - The U.S. Federal Reserve took very "deliberate action" when it lowered key interest rates rapidly but this does not necessarily mean more of the same is in store, a top Fed official said on Friday.
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