Photo: #Traders work on the floor of the New York Stock Exchange Tuesday in New York City. The Federal Reserve, in reaction to a severe downturn in worldwide stock markets and concern about a United States recession, reduced its interest rate by three-quarters of a percentage point before the opening NYSC bell.

The best way to boost the economy

Broadcast: Midmorning, 01/23/2008, 9:06 a.m.

The Federal Reserve cut interest rates in part to reassure investors on Wall Street. Meanwhile President Bush and Congress are trying to come up with an economic stimulus package to boost, at least temporarily, the flagging U.S. economy. Midmorning discusses whether either measures will help.

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