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A pedestrian walks past an electric market board in Tokyo Friday, Feb. 29, 2008. Japan's 225-issue Nikkei Stock Average ended its morning session down 354.19 points, or 2.54 percent on Friday as United States Federal Reserve Chairman Ben Bernanke made grim comments on fresh credit turmoil in the US. (AP Photo/Koji Sasahara)Reuters - The Federal Reserve’s rapid-fire
interest rate reductions were warranted, but the central bank
must reverse course quickly once calm is restored to financial
markets, Fed officials said on Friday.

Original post by Yahoo! News: Business

This entry was posted on Friday, February 29th, 2008 at 2:24 pm and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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