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Fed Cuts Interest Rates

Federal Reserve policymakers cut interest rates by half a percentage point to levels not seen since the early 1960s. But some economists don't believe the cut will help jumpstart the sluggish economy. NPR's Jack Speer reports.

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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.