Washington (AP, Oct. 31, 2007 2:18 PM) _ The Federal Reserve, confronted with surging oil prices and a slumping housing market, on Wednesday cut a key interest rate by a quarter-point, the second rate reduction this year.
From: www.wtnh.com
Fed cuts key interest rate for a second time to guard against recession threats
Posted by Ruslan Abuzant at 12:03 PM
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