[ Reuters: Top News] Fed officials considering further rate cuts: report
Posted: Thu Oct 02, 2008 3:30 am
TOKYO (Reuters) - Federal Reserve officials are weighing further interest rate cuts, even if Congress approves a $700 billion financial industry bailout, because of a worsening economic outlook, the Wall Street Journal said on Thursday. A rate cut is still far from certain, partly because of inflation worries, the WSJ said in an unsourced report on its website.
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