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Federal Reserve - Interest Rates

Only Available in Archive Formats.
Federal Reserve - Interest Rates

Federal Reserve - Interest Rates

Federal Reserve - Interest Rates

Only Available in Archive Formats.

NPR's John Ydstie reports Federal Reserve policymakers cut short-term interest rates by half a percentage point today. The move was widely expected and follows another half-percentage point cut earlier this month. The Fed is aggressively cutting rates in order to prevent the economy from falling into recession.