OTTAWA, Dec. 9 (UPI) -- The Bank of Canada reacted to the global economic crisis Tuesday by lowering its key interest rate by three-quarters of a percentage point to 1.5 percent.
TOKYO, Dec. 2 (UPI) -- The Bank of Japan said Tuesday it would initiate a series of steps to pump $32 billion into the economy.
PARIS, Nov. 7 (UPI) -- French Finance Minister Christine Lagarde said the European Central Bank's lending rate cut this week wasn't good enough.
BEIJING, Oct. 29 (UPI) -- China's central bank trimmed lending and deposit rates 0.27 percentage points Wednesday in an effort to put vitality into the country's slowing economy.
OSLO, Norway, Oct. 29 (UPI) -- Norway's central bank, Norges Bank, knocked a half point off its key lending rate Wednesday, dropping the rate down to 4.75 percent.
TOKYO, Oct. 29 (UPI) -- The Bank of Japan is considering a move to lower lending rates or create a new liquidity program to boost the sagging Japanese economy, sources said.
WASHINGTON, Oct. 28 (UPI) -- Authorities at central banks in Europe and the United States have indicated that lending rate cuts to support the battered global economy may be coming soon.
WASHINGTON, Oct. 8 (UPI) -- Central banks in Europe, Canada and the United States cut key lending rates in tandem Wednesday morning, the U.S. Federal Reserve announced.
BEIJING, Sept. 15 (UPI) -- China's central bank dropped its key lending rate by 0.27 percent to 7.2 percent, a surprise move that underscores the global financial crisis, analysts said.
OTTAWA, Sept. 3 (UPI) -- The Bank of Canada said Wednesday it would keep its overnight lending rate at 3 percent, citing tighter credit conditions in the United States.
LONDON, Aug. 7 (UPI) -- The Bank of England said Thursday it would keep its key interest rate at 5 percent.
TOKYO, July 15 (UPI) -- The Bank of Japan said Tuesday it had reduced its expectations for economic growth and increased its prediction of inflation in the country.
LONDON, July 10 (UPI) -- The Bank of England said Thursday it would keep its key interest rate at 5 percent.
FRANKFURT, Germany, July 3 (UPI) -- The European Central Bank said Thursday it would raise its key lending rates to 4.25 percent to combat inflation in the Eurozone.
OTTAWA, June 10 (UPI) -- The Bank of Canada said Tuesday it would leave its key overnight lending rate unchanged at 3 percent.