Excerpt from: Spot Forex
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| December 16, 2008 | | 75 point cut puts Fed funds rate at record low | A unanimous rate cut today from the Fed: One of 75 basis points, bringing the Fed rate to 0.25%. This is even lower than Japan's interest rate.
There is speculation now that the Fed rate is well on its way to 0%.
| Topic Tags: 0.25% Fed rate, Fed 0%, Fed rate cut, interest rates, spread bets interest rates, spread betting Fed rate | |
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