January 25, 2008

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The Fed Might Not Be Able To Cure A Recession, But They're Trying

Jan. 25  AUSTIN, Texas--Annual percentage rates for select major credit card categories remained largely unchanged this week, following the Federal Reserve's surprise decision Tuesday to slash interest rates rate by 3/4 of 1 percent, from 4.25 percent to 3.5. The central bank cut rates by the largest amount since October 1984.  
 

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