USA 31-01-2008 Fed cuts rates by 50 basis points The Federal Reserve on Wednesday cut US interest rates by another 50 basis points in an aggressive move to combat the risk of a US recession. The Federal Reserve on… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here #bank#interest rates#management#risk#risk management