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IPFS News Link • Economy - Economics USA

Fed Pumps $41B Into US Financial System

11-1-2007 • AP

The Federal Reserve pumped $41 billion into the U.S. financial system, the largest cash infusion since September 2001, to help companies get through a credit crunch. The action came one day after the central bank voted to cut the interest rate.

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Reported By Powell Gammill

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