Analyst: Rate Cut Shows Worried Fed
Associated Press
Aug. 17, 2007. 11:00 AM EST
Standard and Poor's Sam Stovall says the Fed's half-percentage point cut in its discount rate on ... More »
Standard and Poor's Sam Stovall says the Fed's half-percentage point cut in its discount rate on loans to banks Friday is not an act of desperation, but does show how worried the Fed is about the U.S. economy. (Aug. 17) « Less
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