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news-006634		ND Expert: Fed’s interest rate cut a “bailout” | News | Notre Dame News | University of Notre Dame			.html	text/html	440	11	41	News | Notre Dame News | University of Notre Dame Skip To Content Skip To Navigation Skip To Search University of Notre Dame Notre Dame News Experts ND in the News Subscribe About Us Home Contact Search Menu Home › News › ND Expert: Fed’s interest rate cut a “bailout” ND Expert: Fed’s interest rate cut a “bailout” Published: September 18, 2007 Author: Erik Runyon The Federal Reserves half-point interest rate drop to 4.75 percent- a move intended to boost consumer confidence and blunt the economic damage from slumping housing and credit markets – actually was a bid to rescue ailing financial institutions, according to a University of Notre Dame economist. He can be reached for further comment at 574-631-4963 or_ cwaller@nd.edu :mailto:cwaller@nd.edu TopicID: 24546 Home Experts ND in the News Subscribe About Us For the Media Contact Office of Public Affairs and Communications Notre Dame News 500 Grace Hall Notre Dame, IN 46556 USA Facebook Twitter Instagram YouTube Pinterest © 2022 University of Notre Dame Search Mobile App News Events Visit Accessibility Facebook Twitter Instagram YouTube LinkedIn	cache/news-006634.html	txt/news-006634.txt