Summary
WASHINGTON (AP) - Federal Reserve policymakers are widely expected to slice a key interest rate for a third time this year to prevent troubles in the housing and credit markets from sinking the economy.
Fed Chairman Ben Bernanke and his colleagues gather today, their last meeting of the year, to assess the economy and decide their next move on interest rates.See the full content of this document
Extract
Analysts Predict Key Rate Cut Today
Analysts predict the Fed will trim its key rate, now at 4.5 percent, by one-quarter ...
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