
Analysis: The Fed's next move
US - The latest round of cuts by the Federal Reserve leaves many wondering what else the nation's central bank can do to revive the listless US economy.
With Tuesday's reduction in the central bank's key Federal Funds rate - now at 2.5% - interest rates are the lowest they have been since the days of the Kennedy administration in 1962.
The Fed's efforts, along with President Bush's multi-billion dollar tax cut, however, have made little impact on the economy.
'Small offsetting impact'
"A Fed cu
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