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Federal Reserve Bank

Federal Reserve leaves key rate unchanged

The Federal Reserve 's aggressive period of cutting interest rates to keep the country from falling into a recession is over.

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Leon

Chicago, IL

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#1
Aug 3, 2008
 
The Federal Reserve appears to be clueless. It seems like all they did was devalue the dollar, sending oil and other imports thru the roof. They can't help the hosing crisis. And the other idiot politicians are just bailing out big banks and brokerage firms.Most of these financial jerkoffs need to get a real job, something on the farm or in a mine.
John

Tustin, CA

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#2
Aug 3, 2008
 
For those of us that have been fiscally responsible over the last few years, of which Leon (as noted below) must not be one, I suggest Bernanke throw us a small bone soon. Reduce the Prime slightly.
Someone please tell Leon the the Federal Reserve does on devalue the dollar, but actions of two of three of our governing bodies do- Congress and the President via the deficit. Hello.
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