WASHINGTON, Dec. 15 (UPI) -- Economists predict the U.S. Federal Reserve Open Market Committee may cut interest rates to historic lows after a two-day meeting beginning Monday.
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.
LONDON, Jan. 11 (UPI) -- The Bank of England raised its main interest rate by a quarter of a percentage point to 5.25 percent, rattling market investors.
BEIJING, April 27 (UPI) -- China is raising a key bank-lending rate for the first time since 2004 in an unexpected move to cool off its economy.
LONDON, Aug. 4 (UPI) -- Britain's central bank cut its primary interest rate Thursday a quarter of a percent to 4.5 percent to spur the nation's sagging economy.
PRAGUE, Czech Republic, Jan. 4 (UPI) -- The Czech central bank's monetary policy committee was unanimous in leaving interest rates unchanged at the last meeting, the bank said Tuesday.
BUDAPEST, Hungary, April 5 (UPI) -- The Hungarian central bank cut its key interest rates by 25 basis points Monday in a move widely expected by the financial markets.
SAO PAULO, March 18 (UPI) -- In a surprise move, Brazil decided to cut its benchmark interest rate, though only by a small fraction, local news sources reported Thursday.
WASHINGTON, June 25 (UPI) -- The Federal Reserve Wednesday cut the interest rate it charges banks by a quarter point to 1 percent in a bid to boost the nation's economy.
RIO DE JANEIRO, May 15 (UPI) -- Top officials in Brazil's new government are clamoring Thursday for a cut in a key interest rate, which they say is too high to allow economic growth. The country's benchmark Selic interest rate sits at 26.5 percent, one of the highest in the world.
