USA 23-01-2008 Fed slashes rates The Federal Reserve on Tuesday moved to ease fears of a US recession by slashing interest rates by 75 basis points for the first time in more than 20 years.… 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 #funding#interest rates#international#recession#trade