Fed seen cutting rates as consumer hopes swoon
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080430/2008_04_29t140736_450x301_us_usa_fed.jpg?x=130&y=86&q=85&sig=X94ccH6DEEd8Gk99__.Uag--" align="left" height="86" width="130" alt="Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, April 3, 2008. (Jonathan Ernst/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080429/bs_nm/usa_fed_dc)Reuters - The Federal Reserve began a two-day
meeting on Tuesday that was expected to end with a small
interest rate cut that could be the last in a string of
reductions dating to mid-September.</p><br clear="all"/>
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