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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
dapifer
  • One who brings meat to the table; hence, in some countries, the official title of the grand master or steward of the king's or a nobleman's household.
The word 'dapifer' comes from Latin roots meaning 'feast' and 'bearer'.