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Fed, Central Banks Cut Rates to Aid World Economy
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NewsBot
Joined: 09 Nov 2006 Posts: 5115
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Posted: Thu Oct 09, 2008 3:00 am Post subject: Fed, Central Banks Cut Rates to Aid World Economy |
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Fed, Central Banks Cut Rates to Aid World Economy
The Federal Reserve, acting in coordination with other global central banking authorities, cut a key U.S. interest rate by half a percentage point Wednesday to steady an economy teetering on a collapse reminiscent of the 1929 stock market crash.
Author: foxnewsonline@foxnews.com
Publish Date: Wed, 08 Oct 2008 07:57:50 EST
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