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, 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. 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.
LONDON, July 10 (UPI) -- The Bank of England said Thursday it would keep its key interest rate at 5 percent.
WASHINGTON, May 1 (UPI) -- Interest rates for 30-year, fixed-rate mortgages increased in the United States for the second consecutive week, Freddie Mac reported Thursday.
WASHINGTON, Feb. 14 (UPI) -- U.S. Federal Reserve Chairman Ben S. Bernanke hinted at further interest rate cuts in testimony Thursday before the Senate Banking Committee.
LONDON, Feb. 7 (UPI) -- The Bank of England lowered its key interest rate by 25 basis points to 5.25 percent Thursday to offset fears economic growth is slowing in Britain.
NEW YORK, Feb. 1 (UPI) -- Recent Federal Reserve interest rate cuts are more about saving banks than saving the average U.S. citizen, a New York business analyst says.
WASHINGTON, Jan. 30 (UPI) -- The U.S. Federal Reserve cut interest rates Wednesday for the second time in eight days, lowering the target for federal funds 50 basis points to 3 percent.
WASHNGTON, D.C., Jan. 10 (UPI) -- Federal Reserve Chairman Ben Bernanke said Thursday "substantive" interest rate cuts may be needed for fragile financial markets and weakening employment.
PHILADELPHIA, Jan. 8 (UPI) -- The U.S. economy will recover without any cuts in interest rates, a regional Federal Reserve president said Tuesday.
WASHINGTON, Dec. 11 (UPI) -- The U.S. Federal Reserve cut its key lending rate a quarter percentage point Tuesday, a move that sent stocks tumbling more than 1 percent.
WASHINGTON, Dec. 10 (UPI) -- The U.S. Federal Reserve's expected interest-rate cut will be smaller than some on Wall Street want, Chicago futures market traders said.
PHILADELPHIA, Nov. 27 (UPI) -- Two U.S. Federal Reserve bank presidents both suggested they aren't favoring an additional interest rate cut at the next policy meeting in December.
WASHINGTON, Nov. 20 (UPI) -- The U.S. Federal Reserve's decision to make a second interest rate cut was a "close call," minutes of the latest policymaking meeting made public Tuesday show.