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Fed signals future rate cuts (access required)

by Staff Writer

Published: February 27,2008

Time posted: 11:36 am

Tags: Economics, Housing Market, Jobs

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The Associated Press WASHINGTON_Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal today that interest rates will again be lowered to steady the teetering economy. "The economic situation has become distinctly less favorable" since the summer, the ...





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