21. Will lowering interest rates still pack enough of a punch to avert a recession, or at least pull the nation out of one quickly? 22. With the economy slowing, the Fed will be more inclined to cut interest rates to avert a recession. 23. Analysts said before the decision that prompt action by the central bank could help avert a recession. 24. Analysts said before the move that prompt action by the central bank could help avert a recession. 25. Analysts said they expected further rate reductions by the central bank in the months ahead to help avert a recession. 26. Camdessus urged countries to use the crisis to make fundamental economic reforms and avert a recession. 27. He signaled the Fed stands ready to do more to avert a recession. 28. In an effort to avert a recession, the Federal Reserve has slashed interest rates seven times this year. 29. The big question is whether rate cuts by the Fed will be enough to avert full-blown recession, analysts said. 30. The big question is whether rate cuts by the Fed will be enough to avert a recession, analysts said. |