2001 FED CUTS

2001 Funds Rate
Start 6.5%

Jan. 3 6.0%
Jan. 31 5.5%
March 20 5.0%
April 18 4.5%
May 15 4.0%
June 27 3.75%
Aug. 21 3.5%
Sept. 17 3.0%
Oct. 2 2.5%
Nov. 6 2.0%