Since then, futures prices have been predicting a 50 basis-point cut in short-term interest rates by April.
ECONOMIST: First the put; then the cut?
The Dow shot up more than 300 points after the Fed cut short-term interest rates by half a percentage point.
NPR: Time for Renovation at the FHA?
His half-point cut in short-term interest rates was designed to avoid a recession, but it may have bought him only a postponement of the inevitable.
FORBES: Magazine Article
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