Fed cuts rates again (cnnfn)

verfasst von Sascha, 17.09.2001, 14:37

<font size=5>Fed cuts rates again</font>

U.S. central bank cuts interest rates by half percentage point to bolster economy

September 17, 2001: 8:29 a.m. ET

NEW YORK (CNNfn) - <font color="#FF0000">The Federal Reserve cut interest rates a half percentage point Monday morning to bolster U.S. markets and the U.S. economy in the wake of the worst terrorist attacks in its history</font>.

The Fed cut its target for short-term interest rates a half percentage point to <font color="#FF0000">3.0 percent from 3.5 percent</font>, its eighth cut of the year, in an effort to make money more accessible to consumers and avoid a recession.

Quelle: http://www.cnnfn.com[/b]

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