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Fed, Central Banks Cut Rates to Aid World Economy



 
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PostPosted: Thu Oct 09, 2008 3:00 am    Post subject: Fed, Central Banks Cut Rates to Aid World Economy Reply with quote
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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