US Interest Rates Cut by Half-PointThe US Federal Reserve cut US interest rates yesterday by a half-point, its latest effort to rescue an economy battered by the terror attacks and edging toward recession.The Birmingham Post (England)
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The members voted down a proposal submitted by the United States and Canada, allowing each post office to set their own rates. The UPU passed a French-German compromise to allowing setting terminal dues of up to 70% of the domestic postage rate. Increases have been phasing in since 2021. ...