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The Federal Reserve tried for a major shock-and-awe effect with its interest rate cut and other moves Tuesday aimed at rescuing the economy from a devastating downturn.
For savers and investors, the shock may be that paltry rates on bank savings certificates will fall further -- forcing many people to consider moving cash into riskier assets, such as stocks.
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For savers and investors, the shock may be that paltry rates on bank savings certificates will fall further -- forcing many people to consider moving cash into riskier assets, such as stocks.
Save & Share
Spam? Topple this!
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