Investing Adventures

Wednesday, April 30, 2008

April 30, 2008 – FOMC Cuts Federal Funds Rate 25 Basis Points to 2.00%

Filed under: FOMC — Tags: , , , — Jorge @ 11:15 am

The FOMC this afternoon cut the Federal Funds Rate and the Discount Rate by 25 basis points to 2.00% The following is the text of the FOMC announcement.

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