Fed poised to slash rates even as jitters ease

News Type: Event — Seeded on Tue Mar 18, 2008 12:17 PM EDT

Article Source: Reuters

WASHINGTON/NEW YORK (Reuters) - Federal Reserve policy-makers opened a meeting on Tuesday that was expected to lead to the biggest one-day cut in interest rates since 1982, as two major Wall Street firms provided some relief to markets with better-than-expected earnings.

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Fed poised to slash rates even as jitters ease

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