The Federal Reserve slashed interest rates this morning in the hopes of fending off a much-predicted drop in the stock market. Observers say it was the biggest single cut in more than two decades, but its impact on Wall Street is still an open question. Join Kojo for a look at the latest on the economy and how the average person should respond.


  • Knight Kiplinger Knight Kiplinger is the editor in chief of The Kiplinger Letter and Kiplinger's Personal Finance magazine.
  • Rex Nutting Washington Bureau Chief,

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