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Ben Werner,
Student Newspaper Editor
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The Federal Reserve certainly means well as it struggles to lower interest rates fast enough to prop up the economy.
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John Fielding,
CEO
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The Federal Reserve feels that the economy is not growing at the desired level and eases credit conditions by lowering interest rates to help stimulate the economy.
Federal Reserve Chairman Alan Greenspan said on Friday the central bank was not too slow in cutting interest rates by waiting until the start of this year.
The Federal Reserve Board has cut rates eleven times in one year and the stock market has declined.
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Brian Mengel,
Civil Servant
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Federal Reserve Board regulation imposing caps on the rates that banks may pay on savings and time deposits.
The Federal Reserve has the power to determine the money supply and thus strongly influence the level of economic activity and the general level of interest rates.
The Federal Reserve has cut interest rates a record eleven times in one year in an effort to ease the burden of carrying debt.
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Bob Greenberg,
Congressional Candidate
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Federal Reserve policies which have sustained low inflation and low interest rates will continue to be supported by both federal and state budget surpluses.
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