Federal Reserve cut interest rates

By Tom | January 22, 2008

The Federal Reserve of the United States has cut interest rates Tuesday ,three-quarters of a point, a state of emergency which enabled the dynamics of the stock market to recover from the disaster.The European exchanges - who had signed the previous day’s heaviest loss in a single quarter since the attacks of September 11, 2001 - hailed the decision by the Fed ended with a rebound by more than 2%.

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Quote of the Day

April 22, 2008

Men often hate each other because they fear each other; they fear each other because they don’t know each other; they don’t know each other because they can not communicate; they can not communicate because they are separated.Martin Luther King, Jr.