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Federal Reserve Cuts the Fed Funds Rate by 0.500 Percent

Last post 09-18-2007 12:04 PM by Bill Exeter. 0 replies.
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  • 09-18-2007 12:04 PM

    Federal Reserve Cuts the Fed Funds Rate by 0.500 Percent

    The Federal Reserve cut the Fed Funds Rate today by 0.500 percent from 5.25% to 4.75%.  This should provide the market with a huge breath of fresh air. 

    William L. Exeter
    President and Chief Executive Officer

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