LONDON, Dec. 4 (UPI) -- Central banks in Britain and Sweden cut their key interest rates to 2 percent Thursday to provide liquidity to financial markets.
LONDON, Dec. 3 (UPI) -- European financial markets were braced for large interest rate cuts across the continent in the wake of more bad economic news.
LONDON, Nov. 25 (UPI) -- Bank of England Gov. Mervyn King said Tuesday the central bank may need to cut rates to stimulate the country's sluggish lending.
PARIS, Nov. 7 (UPI) -- French Finance Minister Christine Lagarde said the European Central Bank's lending rate cut this week wasn't good enough.
LONDON, Nov. 6 (UPI) -- A major British bank said it would pass on the full lending rate cut announced by the Bank of England Thursday to its customers.
LONDON, Nov. 6 (UPI) -- Two central banks in Europe cut their lending rates Thursday -- the Bank of England by 1.5 points and the European Central Bank by 0.5 point.
LONDON, Oct. 31 (UPI) -- Half of Britain's banks failed to lower interest rates on adjustable rate mortgages after the Bank of England cut its rate Oct. 8, a research group 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.
FRANKFURT, Germany, Oct. 24 (UPI) -- A European Central Bank executive board member said "medium term" inflation would not be affected by a lending rate cut.
FRANKFURT, Germany, Oct. 17 (UPI) -- By cutting lending rates Oct. 8, the European Central Bank signaled its focus on inflation had shifted to restoring calm to financial markets.
BRUSSELS, Oct. 15 (UPI) -- Powerful European business and union groups are calling on governments to turn their attention to economies headed for trouble.
PARIS, Oct. 14 (UPI) -- Germany and France led the pack in commitments to their nation's banks as European leaders pledged more than $1 trillion in bailout plans.
WASHINGTON, Oct. 13 (UPI) -- The U.S. Federal Reserve said Monday it would increase swap lines with three central banks to allow borrowing to improve short-term liquidity.
WASHINGTON, Oct. 8 (UPI) -- The two major party presidential candidates said Wednesday they support U.S. Federal Reserve Chairman Ben Bernanke's decision to lower a key lending rate.
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.
