tag:blogger.com,1999:blog-4558409694297595460.post-24099040265063269302008-03-18T22:29:00.004-04:002008-03-23T00:52:30.862-04:00<a href="http://bp1.blogger.com/_o4yPbFP9MAs/R-B9So25MjI/AAAAAAAAAzc/3ZKp-8pGLbw/s1600-h/cut.jpg"><img id="BLOGGER_PHOTO_ID_5179277330634846770" style="FLOAT: left; MARGIN: 0px 10px 10px 0px; CURSOR: hand" alt="" src="http://bp1.blogger.com/_o4yPbFP9MAs/R-B9So25MjI/AAAAAAAAAzc/3ZKp-8pGLbw/s200/cut.jpg" border="0" /></a><br /><div>For the sixth time since August, the Fed has cut the <a href="http://www.bloomberg.com/apps/news?pid=20601068&amp;sid=aCK8lsj4v6zI&amp;refer=home">benchmark lending rate</a>, this time by 3/4%. The cut is a reaction to continued economic fears and the reluctance of some banks to lend to each other. </div>A.G.Y.noreply@blogger.com