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FEDERAL RESERVE

ECONOMY MADE PERFECTER: What is wrong with the Federal Reserve?! Today they cut the fed funds rate another .25%, bringing it down to 2%. Don’t they know that we have already achieved perfection and our economy is growing licketysplit? Meh, whatever. Let’s run with it and REFI REFI REFI! [NYT]


2:41 PM on Wed April 30 2008
By Jim Newell
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