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US Federal Reserve cuts interest rates

October 1, 2018
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Benchmark US interest rates cut for the first time in four years ina bid to buffer economy. (Sydney Morning Herald — 19 September, 2007)
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The US Federal Reserve today cut its base federal funds rate a halfpoint to 4.75 per cent in the face of housing and credit marketstress that threatens the world’s biggest economy. (The Age — 19 September, 2007)
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The Federal Reserve Tuesday cut its main benchmark interest rate by a half-percentage point, lowering borrowing costs for businesses and consumers in response to a housing downturn that threatens to spread to the broader economy. (MSNBC — 19 September, 2007)
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Equity markets rise worldwide, U.S. stocks climb as tame inflation data encourages investors already buoyed by yesterday’s interest-rate cut. (Washington Post — 20 September, 2007)
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The Federal Reserve cut a key interest rate yesterday in an aggressive attempt to keep turmoil in financial markets from damaging the overall U.S. economy. (Washington Post — 19 September, 2007)
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A serious bout of financial market instability has dramatically changed the debate at the Federal Reserve from worries about inflation to concerns about the possibility of a recession. (CNN — 18 September, 2007)
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When Fed Chairman Ben Bernanke and his interest rate-setting committee meet Tuesday, they are widely expected to cut the target federal funds rate for the first time in more than four years. But forecasters are divided on how deeply the Fed will cut the benchmark. By MSNBC.com’s John W. Schoen. (MSNBC — 18 September, 2007)
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Investors have been presented with a get-out-jail card, courtesy ofthe US Federal Reserve. (The Age — 20 September, 2007)
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Wall Street stocks lost ground today as anxiety ran high a dayahead of a crucial Federal Reserve meeting to decide the course ofUS interest rates. (Sydney Morning Herald — 18 September, 2007)
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Asian and European stock markets rallied Wednesday in the wake of Wall Street’s overnight surge spurred by the U.S. Federal Reserve’s larger-than-expected interest rate cut. (MSNBC — 19 September, 2007)
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Asian markets advance after the US Federal Reserve cuts interest rates for the first time in four years. (BBC News — 19 September, 2007)
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