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General News Archive - June 22, 2003

The Federal Reserve is prepared this week to drop a key interest rate to its lowest level since President Eisenhower's second term. The central bank would be aiming to stave off an economic threat absent since the Great Depression - deflation, a prolonged and widespread decline in prices.

Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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