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Fed Expected to Lower Federal Funds Rate

by Jim Zarroli, NPR
September 18, 2007

Federal Reserve policy makers are expected to cut a key interest rate today, in what would be the first cut to the federal funds rate in more than four years. Those calling for the cut say it could will make it easier to borrow — and reassure jittery financial markets hard-hit by this year's mortgage meltdown.

Broadcast Dates

  • Morning Edition, September 18, 2007
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