Federal reserve lowers key rate by 0.75

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Federal reserve lowers key rate by 0.75

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03-19-2008, 12:03 AM

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Federal reserve lowers key rate by 0.75

The federal reserve cuts key rate by 0.75 percent. A cut that was less than what investors was hoping for. Even when the cut of 0.75 percent was one of the deepest in federal reserve history.

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