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Reuters: Fed delivers 3/4 point cut

Started by chris, March 18, 2008, 09:31:44 PM

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chris

Fed delivers 3/4 point cut
      


WASHINGTON/NEW YORK (Reuters) - The Federal Reserve on Tuesday slashed U.S. interest rates by a hefty three-quarters of a percentage point, giving a lift to a Wall Street already jubilant over stronger-than-expected investment bank earnings.
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