CNBC.com Live Poll: Fed Rate Cut
Published: Tuesday, 22 Jan 2008 | 11:15 AM ET
The Federal Reserve slashed U.S. interest rates by a hefty three-quarters of a percentage point, the biggest rate cut in more than 23 years, in an emergency bid to lend support to a U.S. economy some fear is on the verge of recession.
Will the Fed's rate cut stabilize the U.S. market today? What do you think?
The Fed slashed U.S. interest rates by three-quarters of a point, the biggest rate cut in more than 23 years, in an emergency bid to support the U.S. economy.