Fed's rate decision

Market Dispatches, 1:20 PM ET

Investors wait for the Fed

Market drops before Fed's rate decision

Stocks fell on Wednesday as investors feared that any boost to the economy from an expected Federal Reserve rate cut later in the day would be short-lived as the central bank may soon have to reverse course to respond to signs of rising inflation. 1/30/2008 1:49 PM

Market Dispatches, 2:27 PM ET

Fed cuts key rate to 3%; stocks jump

Wall Street jumps after Fed rate cut

NEW YORK (Reuters) - Stocks turned positive on Wednesday after the Federal Reserve cut interest rates by a half-percentage point in an effort to boost the economy. 1/30/2008 2:25 PM

Fed cuts key interest rate by half point

WASHINGTON (Reuters) - The Federal Reserve cut a key interest rate by a half-percentage point on Wednesday as part of an aggressive effort to halt a sharp slowdown in an economy hit by a housing slump and a credit crunch. 1/30/2008 2:22 PM

Fed slashes interest rates by half point

The Federal Reserve cut interest rates by a hefty half-percentage point on Wednesday as part of an aggressive effort to halt a sharp slowdown in an economy hit by a housing slump and a credit crunch. 1/30/2008 2:43 PM

Market rises as rate cut boosts hopes for growth

1/30/2008 2:43 PM

Fed slashes rates to blunt economic slowdown

The Federal Reserve cut interest rates by a hefty half-percentage point on Wednesday as part of an aggressive effort to halt a sharp slowdown in an economy hit by a housing slump and a credit crunch. 1/30/2008 3:01 PM


Market Dispatches, 4:55 PM ET

Fed cuts rates, but rally falls apart