Wall Street Stages Rally stock WATCH

摘要

After a turbulent August,investors liked the half-point rate cut by the Fed in mid-September.The move sent stocks on a sustained rally as our session ended Sept.28,2007.The central bankers lowered the rate to 4.75 percent to ease the pressures brought on by the subprime mortgage crisis.The decrease is the first in four years.Though volatile food and energy numbers are up,the core inflation rate is currently under the Fed's radar.