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Fed Weighs Its Options as Europe Cuts Rates

Paul Kedrosky's Infectious Greed found this 12/5/2008 on online.wsj.com

Federal Reserve officials are looking for new ways to revive the U.S. economy, while European and other central banks are cutting interest rates to counter a deepening global recession. With the Fed's target rate already very low, Fed officials are mulling unconventional steps as they prepare ...