GREY:SGGDF - Post by User
Post by
xyz_trader1on Mar 10, 2008 4:30pm
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Fed cut next Tuesday
Fed cut next Tuesday Investors also continued to hope that further aggressive interest rate cuts by the U.S. Federal Reserve can stave off the worst of an economic downturn.
The central bank makes its next interest rate announcement next Tuesday the Fed is overwhelmingly expected to cut by three-quarters of a point. There is also speculation the Fed could act as early as this week to lower rates.