PDA

View Full Version : US Dollar Gains as Federal Reserve Slashes Rates To 1.00% (DailyFX)


DailyFX
10-29-2008, 04:40 PM
The Federal Reserve slashed rates by 50bps to a more than 5-year low of 1.00 percent, in line with expectations, as economic activity has "slowed markedly"...http://feeds.dailyfx.com/~r/dailyfxrss/~4/436129324

complete story here... (http://feeds.dailyfx.com/~r/dailyfxrss/~3/436129324/Federal_Reserve_Slashes_Rates_To_1225303625359.htm l)