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Home : Home Mortgage Loan : Adjustable Rate Mortgage : MSN Newsfeeds : Q&A: Interest rate cuts won't have immediate impact - Nashville Tennessean

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Q&A: Interest rate cuts won't have immediate impact - Nashville Tennessean

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Not in the short term, most economists say. The cuts don't directly address the main problem behind the financial meltdown: the reluctance of banks to lend money. But the coordinated rate cuts might deliver a psychological boost to the financial ...

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