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Rating:Fed Gives Rate a Modest Cut Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, December 11, 2007

Fed Gives Rate a Modest Cut

by: Erin Kello

The Fed has done it again, cut its interest rate that is. The WSJ reports that the Fed cut its rate for the third time by 25 bps. The only dissenter to the vote was Boston Fed President Eric Rosengren who preferred a half-point cut. 

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