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IPFS News Link • Economy - Economics USA

Fed cuts US interest rates amid fears of slowing growth

11-1-2007 • AFP

The Federal Reserve cut US short-term interest rates Wednesday in a widely anticipated move, saying it had acted amid concerns economic growth will likely cool in coming months. The central bank said it had cut its federal funds interest rate by a

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Reported By Powell Gammill

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Fed cuts US interest rates amid fears of slowing growth

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