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Friday, February 1, 2008, 7:00 AM PST | | WASHINGTON (AP) The Federal Reserve says it will provide $60 billion in fresh cash to commercial banks in two auctions in February and will keep holding auctions every other week for as long as needed.
| | It must be really bad for the FED to be throwing almost everything. What if all the FED's ammo is not good enough? Two rallies today - YAHOO takeover rally
and FED $60 billion rally - have fizzled out, one hour into the trading day. .
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