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Fed slashes rates to near zero amid financial crisis
The Fed set the funds rate at zero to 0.25 percent and banks cut prime lending to 3.25 percent, with Wells Fargo Wachovia and U S Bancorp among responders. The Dow rose about 360 points as economists warned fear may curb new borrowing. The move marks an unprecedented policy step in the central bank's 95 year history.
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Wells Fargo
Wachovia
U.S. Bancorp
Fed
Central Bank
Wall Street
Dow
Jones
U.S
Federal Reserve
Federal Funds
Dow Industries
Dow Transportation
Witshire
Cains
LSB Cp
Pscrudeol
SP Mid
Microsoft
ProuliFin
Caco
Snemid
Genklec
GreyWot
Apple Inc
Schwab
Ee Qualcom
Divid
LearComp
Altras
United NY
Nasd
Tel
Nsoure NY
Nordson Nasd
Northropg NY
Oracle
Parker Han
Pewey NY
Prusns&p
ProdGam NY
Satyam
Sherwin NY
Spor Amex
Spengy NY
Spdr Fn NY
Ussteel NY
WalMart
NYMX
New York
CBOT
Chicago Board of Trade
CME
Exchange
NYBT
Bala
Bonda m
Eurpacgramfb
American
Fundminva x LB
GrthAom
IncAm
Dodge & Cox KinuStx & Cox Stock IV
Nna
B7ia
Fidelity GrowCo
Amoa
Pimco TotRelis
Vanguard Socadm
BIB
Sia
Ieee Inate’ Oo