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12/16/07
Fed rate cut, bank plan jolt investors
Filed under: General, Mortgages
Posted by: Lillian Wong @ 1:23 pm

NEW YORK - Wall Street and stock-market investors in general aren’t feeling much love for Ben Bernanke these days. Stocks plunged last Tuesday after the Federal Reserve chairman and his fellow Fed policymakers cut interest rates by a quarter-point, disappointing those hoping for a half-point reduction.  More…

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