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WASHINGTON (AP) - There's a risk in Federal Reserve Chairman Ben Bernanke's bold moves of late.
If recent history is any guide, the euphoria that met the Fed's three-quarter-point reduction to a key interest rate Tuesday could be short-lived. With a string of urgent and aggressive actions, the Fed itself could end up feeding the panicky mind-set that it so desperately wants to calm.
Even inside the Fed there was disagreement about just how much the key interest rate — its most potent tool in dealing with economic trouble — should be lowered.
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