Central Banks Around the World Cut Interest Rates

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Uploaded by on Oct 9, 2008

The United States has joined countries around the world in a coordinated attempt to stave off a global recession. The U.S. Federal Reserve announced an emergency cut of its benchmark interest rate by a half percent early Wednesday, just as central banks in Britain, China and Europe were doing the same. VOA's Mil Arcega reports

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  • NWO bank plan

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