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Reuters: Fed poised to slash rates even as jitters ease

Started by dave, March 18, 2008, 05:01:02 PM

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dave

Fed poised to slash rates even as jitters ease
      


WASHINGTON/NEW YORK (Reuters) - Federal Reserve policy-makers opened a meeting on Tuesday that was expected to lead to the biggest one-day cut in interest rates since 1982, as two major Wall Street firms provided some relief to markets with better-than-expected earnings.
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