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Fed cuts rates by .50 today
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01-30-2008, 12:18 PM
UniversalPassLorence
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Join Date: Dec 2004
Location: Califonia
Posts: 3,721
Fed cuts rates by .50 today
Wow, they just cut it .75 last week, and they were estimating .25 today.
.5 cut today and they didn't close the door for future rate cuts. It must be bad.
This will help short term, but we still have big obsticles ahead
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