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Oops, Somehow I Missed The Rate Cut News!

22 January 2008
Author: Harvey Posted under Investing

Yes, the FED did come to the rescue and the markets still fell at the open. So we got a .75% cut to bring it dow to 3.1/2%. Cramer wanted to see a full point. Maybe they will give some more at the FED meeting next week.

UPDATE: This was the biggest rate cut in 18 years!


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