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Fed Expected to Cut Interest Rates

Federal Reserve Board policy makers meet today in Washington, D.C. After a series of interest rate cuts last year, the Fed has kept rates at their current levels since December. But many economists expect the Fed to cut interest rates after today's meeting. NPR's Jack Speer reports.

Copyright 2002 NPR

Jack Speer
Jack Speer is a newscaster at NPR in Washington, DC. In this role he reports, writes, edits, and produces live hourly updates which air during NPR programming.