31. In recent months, a number of new hotels have opened and rates have been slashed as they compete for scant guests. 32. The Fed has slashed rates seven times so far this year to help ward off recession. 33. The Fed has slashed short-term rates four times this year to stave off recession, and many analysts expect another cut when policy-makers meet on Tuesday. 34. The telephone company slashed rates last year. 35. U.S. Federal Reserve Chairman Alan Greenspan slashed rates twice in January over worries that the economy was slowing too quickly and could slip into a recession. 36. U.S. Federal Reserve Chairman Alan Greenspan slashed rates twice in January amid worries that the economy was slowing too quickly and could slip into a recession. 37. ISPs had been forced to slash rates and offer free access to attract clients, he said. |