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Interest Rate Cut Possible

Only Available in Archive Formats.
Interest Rate Cut Possible

Interest Rate Cut Possible

Interest Rate Cut Possible

Only Available in Archive Formats.

NPR's John Ydstie reports that the Federal Reserve Open Market Committee will decide today whether to reduce interest rates by another quarter-of-a- percent. The Fed has made two such cuts in the last two months. Today a third cut is considered likely but less than certain, because of the strong recovery the stock market has made.