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Federal Reserve

FOMC Statement By Federal Reserve - Jan 30, 2008

The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 3 percent.Financial markets remain under considerable stress, and credit has tightened...

FOMC Statement By Federal Reserve - Jan 22, 2008

The Federal Open Market Committee has decided to lower its target for the federal funds rate 75 basis points to 3-1/2 percent.The Committee took this action in view of a weakening of the economic...

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