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 WASHINGTON (AP) - Desperate to aid an economy in crisis, the Federal Reserve is ready to deliver yet another big interest rate cut.
How big? One-half of a percentage point, some economists say. Investors and others hope for even more, a three-quarters cut or perhaps a full point, given the turmoil on Wall Street. It will be a close call, Fed watchers say.
The speculation ends Tuesday afternoon after Fed Chairman Ben Bernanke and central bank policymakers have met.
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