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    FED Reduce Interest for 75 Point and will Take Action if Need

  • China Aluminium Network
  • Post Time: 2008/1/24
  • Click Amount: 603

    New York, FED reduce interest for 75 points urgently to support the decline USA economy.


    FED fund rate has fell 3.50% to the lowest point from Sep. 2005.


    FED this reduction is because economy prospect is not very well and economy development risk increased.

    Source:
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