Since September the Fed cut interest rates since the third.

<P>: Http://finance. News, U.S. Federal Reserve Board 11, decided that the federal funds rate, which commercial banks to lower and lower overnight call rate by 0.25 percentage point to 4.25% in response to the credit crisis and possible .consequences of the economic downturn. .This is the third time in September the Fed has cut interest rates. .</ P> <P> the day after the Federal Reserve said in a statement released recently announced a series of economic data showed U.S. economic growth is slowing, the housing market is still adjusting, appeared weak consumer spending, tightening of financial market .situation is deteriorating. .U.S. Federal Reserve cut interest rates three times, is to encourage the United States economy to maintain moderate growth. .</ P> <P> including Federal Reserve Chairman Ben Bernanke, including nine members of the Federal Reserve cut interest rates by 0.25 percentage points voted in favor, but the Fed members, the Federal Reserve Bank of Boston because of claims Glenn Lawson .should be substantially cut by 0.5 percentage points and voted against it. .In addition, the same day Fed meeting also decided to further lower the discount rate by 0.25 percentage points, to 4.75%. .</ P>.