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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
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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