The Federal Reserve cut its key lending rate by a quarter point Wednesday in a fresh bid to fire up a lagging economy, while giving no clear signal on its next move in view of weak activity and rising inflation.
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Fed cuts rate to 2.0 percent, keeps options openPosted by UK Economy News
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30Apr 08 The Federal Reserve cut its key lending rate by a quarter point Wednesday in a fresh bid to fire up a lagging economy, while giving no clear signal on its next move in view of weak activity and rising inflation.
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