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What the Fed Rate Cut means
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Federal Reserve and other central banks announce reductions in ...
http://www.federalreserve.gov/newsevents/press/monetary/20081008a.htm. Released by the Board of Governors of the Federal Reserve System.

Sabic Rises 6.8% After Saudi Central Bank Follows Fed Rate Cut ...
Oct. 12 (Bloomberg) — Saudi Arabian Basic Industries Corp. , the largest company in the Middle East by market value, advanced as much as 6.8 percent after the Saudi central bank cut the repo rate.

Rate Cuts: What does it mean?
As soon as my alarm went off this morning I hear a lady talking about the Fed cutting rates. The federal funds rate was cut from 2% to 1.5%. The federal funds rate is the rate that banks borrow money from each other. ...

Credit expert: Fed rate cut won't help consumers
Greg McBride, senior financial analyst with Bankrate.com, a consumer finance Web site, said the new half-percent rate cut will hurt savers and have little impact on the rates most consumers pay on borrowed money. ...

The Fed Rate Cut and Your Money 08 Oct 2008
You probably heard the news that the Federal Reserve reduced its federal funds rate from 2 percent to 1.5 percent the morning of October 8. Now let me explain what that means for all of us, during this volatile and scary time…

Last Silver Bullet. Fed rate cut. Interbank guarantee. Where is ...
Where the hell is PPT (Plunge Protection Team)? On vacation or busy trashing Gold and Euro in order to keep US Dollar alive after over the weekend Cut? Plan could be: to defend 8000 on the Dow and close into the positive tonight, ...

The FED rate cut and… okay, I'll say it… apocalypse
Sooooo, [I thought i would start with something other than 'okay...' LOL] The FED made an “emergency rate cut” yesterday, dropping the Fed Funds Rate by one half-percent to 1.500%. What you care about, is the PRIME rate dropped to ...

Fed Cuts Interest Rate to 1.5%
As expected, last night's presidential debate focused a great deal on the economy.

Two Things the Latest Fed Rate Cut to 1.5 Percent Means for Americans
The Federal Reserve made an "emergency rate cut" this morning, dropping the Fed Funds Rate by one half-percent to 1.500 percent. This cut means two things to the good folks in Winter Haven, FL and across the nation...