Fed Lowers Discount Rate Boosting US Stocks

SAN FRANCISCO - AUGUST 17: People walk by a stock market board showing the Dow Jones industrials up 233.30 points to close at 13,079.08 on August 17, 2007 in San Francisco, California. The stock market rebounded after a weeks of volatile activity once the Federal Reserve lowered its key discount rate by a half percentage point. (Photo by David Paul Morris/Getty Images)
SAN FRANCISCO - AUGUST 17: People walk by a stock market board showing the Dow Jones industrials up 233.30 points to close at 13,079.08 on August 17, 2007 in San Francisco, California. The stock market rebounded after a weeks of volatile activity once the Federal Reserve lowered its key discount rate by a half percentage point. (Photo by David Paul Morris/Getty Images)
Fed Lowers Discount Rate Boosting US Stocks
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Credit:
David Paul Morris / Stringer
Editorial #:
76160924
Collection:
Getty Images News
Date created:
August 17, 2007
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Source:
Getty Images North America
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