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Reuters: Rate cut expected as Fed mulls emergency tools

Started by chris, December 16, 2008, 04:59:26 PM

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chris

Rate cut expected as Fed mulls emergency tools
      


WASHINGTON (Reuters) - The Federal Reserve is expected to lower interest rates closer to zero on Tuesday and point toward emergency tools it could deploy to end a year-long recession, with room to cut borrowing costs running out.<div class="feedflare">
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