Fed slices 0.75 per cent off US interest rates
February 28th, 2008 by 
admin
The American Federal Reserve has dramatically cut US interest rates by three-quarters of a percentage point.
This takes the US interest rates down to just 3.5 per cent in a bid to sidestep an economical recession.
Following yesterday’s chaos in the global stockmarkets, the interest rate cut could help calm turbulent waters across the world. Read the rest of this entry »
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