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Author: Frankenfish Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 475970  
Subject: Rate cut announced! Date: 1/22/2008 8:22 AM
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Emergency cut of 75 basis points announced on CNBC just now.

IMO that will take the edge off today. Tomorrow the thought that this was a panic move and things must really be bad for that to be done will fill the air.
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