Replies to post #106727 on ajtj99's Market Pulse

[hiker]

From cnn:

Fed declares "downside risks" to economy have increased, OKs half percentage point cut in discount rate on loans to banks.

[sylvester80]

JUST IN: FED SURPRISE RATE CUT!!!!! Fed cuts discount rate by one-half percentage point to 5.75%, leaves fed funds rate alone. Details soon.