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RD Today => All the News => World & Lebanon Latest News => Topic started by: riky on December 15, 2008, 04:02:53 PM

Title: Fed weighs slashing rates to cushion fallout (AP)
Post by: riky on December 15, 2008, 04:02:53 PM
Fed weighs slashing rates to cushion fallout
    (AP)

 


<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20081215/2008_12_14t121752_450x306_us_usa_fed.jpg?x=130&y=88&q=85&sig=Eh6XRa.P1HR7WTDJVuj0WA--" align="left" height="88" width="130" alt="Federal Reserve Chairman Ben Bernanke listens to opening statements before testifying before the House Financial Services Committee in a hearing on 'Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and Government Lending and Insurance Facilities; Impact on Economy and Credit Availability' on Capitol Hill in Washington November 18, 2008. (Molly Riley/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20081215/ap_on_bi_ge/fed_interest_rates)AP - The Federal Reserve is widely expected to ratchet down a key interest rate ? perhaps to an all-time low_ to prevent the sinking economy from falling deeper into the doldrums.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20081215/ap_on_bi_ge/fed_interest_rates