TOKYO, Dec. 19 (UPI) -- Japan's central bank cut the key interest rate to 0.1 percent from 0.3 percent Friday to bolster the economy and arrest the yen's appreciation.
LONDON, Dec. 5 (UPI) -- Banks overcharging borrowers on mortgages should cut back the rates immediately, British Prime Minister Gordon Brown said Friday.
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.
TOKYO, Dec. 2 (UPI) -- The Bank of Japan said Tuesday it would initiate a series of steps to pump $32 billion into the economy.
AUSTIN, Texas, Dec. 1 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke said Monday that further reductions in the current lending rate are possible.
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.
LONDON, Nov. 18 (UPI) -- Inflation in Britain fell in October by the biggest margin since 1997, possibly signaling a central bank lending rate cut in December, an economist said.
LONDON, Nov. 12 (UPI) -- The British economy could shrink 2 percent in the second quarter of 2009, the Bank of England said Thursday.
LONDON, Nov. 9 (UPI) -- British bankers had to be strong-armed by Chancellor Alistair Darling into passing along a Bank of England interest rate cut to consumers, sources say.
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.
TOKYO, Nov. 5 (UPI) -- Japan's central bank, which cut its key interest rate to 0.3 percent from 0.5 percent, appeared unlikely Wednesday to cut more as indicated by its governor.
TOKYO, Nov. 4 (UPI) -- Japan's Nikkei index, spurred by a weaker yen and a calmer Wall Street, closed sharply higher Tuesday while other Asian-Pacific markets were mixed.
