Monday, September 24, 2007

St. Petersburg Times - "Rate cut helps; What's next" (9-22-07)

"Nobody's about to dismiss lower interest rates as an aid to a wavering economy. But the Federal Reserve's decision this week to cut the short-term federal funds rate more sharply than expected to 4.75 from 5.25 percent was met with some decidedly mixed views in a sampling of Tampa Bay businesses and borrowers by Times business reporters. The bottom line: A rate cut can help but the economy - especially the tighter availability of credit - has plenty of other challenges before it."

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