Excerpt from:  Spot Forex
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December 16, 2008

Fed Cuts Rates to 0.25%

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%.

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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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