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fed interest rate cut october 2010


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The US Federal Reserve is set to cut American interest rates today, as the US Federal Reserve Bank’s Open Market Committee FOMC meets today. How much will they cut the Fed’s benchmark interest rate? Analysts predict a cut of 25 basis points from the current…


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A Pentagon investigation concluded in 2010 that Army Sgt. Bowe Bergdahl walked away from his unit, and after an initial flurry of searching the military decided not to exert extraordinary efforts to rescue him, according to a former senior defense official who was involved in…


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The Federal Reserve today cut its benchmark interest rate for the first time in four years, starting with an aggressive 50 basis points move to 4.75 %. Oil soared to fresh record highs in New York, Wall Street soared on the news as well, at…


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Wall Street jumps after rate cut. The Federal Reserve lowered interest rates as expected to 4.50 percent. The Dow rose after the decision, as well as the Standard & Poor's 500 index and the Nasdaq composite index. The dollar moved to a new all-time low…


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SAN FRANCISCO (Reuters) - Apple Inc intends to introduce its latest line-up of iPads on October 22, tech blog AllThingsD cited sources familiar with the company's plans as saying, meaning Apple would be updating its tablets in time for holiday shopping. New versions of the…


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fed interest rate cut

Ms. Yellen spoke at a news conference after the Fed announced a widely expected decision to increase its benchmark interest rate by a quarter of a percentage point, to a range of 1.25 percent to A woman walks past a display showing symbols for world currencies on the exterior of a bank in Beijing. China's central bank has responded to the U.S. Federal Reserve's interest rate increase by Fed Raises Interest Rates for Slow and Steady. The , under Ms. Yellen, pursued gradual increases and a highly choreographed sell-off of the portfolio of bonds it bought to help prop up the economy after the 2008 The raises or lowers s through its FOMC meetings. It sets a target for banks to use for the funds . Here are the tools. Tags: does, raise, Federal Reserve Board - Open Open Market Operations. Open market operations (OMOs)--the purchase and sale of securities in the open market by a central bank--are a key tool used by the eral Reserve in the implementation of monetary policy. These sudden changes, known as stop-go monetary policy, confused businesses. They kept prices high to stay ahead of the 's spikes. The eral Reserve hikes its benchmark short-term a quarter percentage point. The says in a statement that economic growth has been "rising at a solid ," an upgrade from