Fed steps bring praise, new scrutiny (AP)

Courtesy Ytop stories  Sat, 03/22/2008 - 9:50pm

Graphic charts the Federal Funds rate; 2c x 3 inches; 96.3 mm x 76.2 mmAP - The Federal Reserve has taken its boldest action since the Great Depression, invoking rarely used powers in an effort to contain a panic threatening to undermine the economy.

The central bank acted with speed the White House and Congress only could envy.




 

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