Fed rate cut U.S. stocks fell sharply by 0.25 points.

<P>: Http://finance. News, U.S. Federal Reserve Board (Fed) 11, decided to cut the federal funds rate by 0.25 percentage points to 4.25%. .This is from the U.S. subprime mortgage crisis since the outbreak of the third quarter, the third cut the benchmark U.S. federal funds rate. .And announced that the Federal Reserve will again cut the discount rate of bank lending by 0.25 percentage point to 4.75%. .</ P> <P> the Fed cut rates less than previously expected 0.5 percentage points, 11 stocks fell sharply in New York, the three major stock indexes all fell more than 1% rate. .Xinhua News Agency said the rate cut since September the third time since the Federal Reserve 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 for Glen Lawson called for a substantial .0.5 percentage point cut but 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> <P> recurrence rate cut signals the United States in overseas markets bailout away Xiongtu? </ P> <P> After years of seeing the stock market will fall into the bull market, "Xiong Tu", the Fed sent a rescue again .market signals. .</ P> <P> 28 Fed Vice Chairman Donald Kohn said, the face of worsening economic outlook and uncertainty, the Fed must be "flexible" response. .The statement that investors in the next month on the 11, the expected increased sharply cut interest rates again, by this incentive, all three major U.S. indices ended the day rose more than 2.5%, and the two-day record 5 consecutive years of record gains. .European stock markets also hit a 4 and a half day, its biggest one day gain. .</ P> <P> Goldman Sachs: The U.S. economy risks recession cut into the bottom four in the super-3% </ P> <P> NEW YORK, November 27 27, Reuters published Goldman Sachs research report that the U.S. economic future .recession probability of 40% -45%, 3% base rate cut channel. .Goldman Sachs predicts that by end of next year the unemployment rate will reach 5.5%, 4.7% higher than the current 0.8 percent. .In addition, in the next 6-9 months, the Fed lowered the federal funds rate to 3% in the lowest compared with the previous estimate of 4% of a full percentage point lower. .Current federal funds rate at 4.5%. .</ P>.