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       Federal Reserve officials did what financial markets demanded by cutting their target for the overnight lending rate by a quarter-percentage point, to 4.5 percent. 
       The demand was in the form of a near unanimous expectation that such a cut would be forthcoming, with the prospect of a severe adverse market reaction if it wasn't. 
       However, the members of the Federal Open Market Committee also effectively told investors and analysts not to expect another such reduction at the committee's next meeting on Dec. 11. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />