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View Full Version : Fed Cuts Rates by 75bps to a New Record Low (DailyFX)


DailyFX
12-16-2008, 04:20 PM
The U.S. Federal Reserve decided on Tuesday to lower its Fed Funds rate by 75 basis points to 0.25 percent, the lowest level for the overnight rate ever....http://feeds.dailyfx.com/~r/dailyfxrss/~4/486909183

complete story here... (http://feeds.dailyfx.com/~r/dailyfxrss/~3/486909183/Fed_Cuts_Rates_to_a_1229453422154.html)