Rate Cut

Canada's GDP falls 7.3 percent

By ROB GILLIES| AP| World

… Wednesday and took the unprecedented step of saying it will likely stay there through June 2010. The latest interest rate cut means the bank has sliced 4.25 percentage points off the overnight rate since it began easing its policy in December …

Story|04/23/2009

Australia's central bank cuts interest rate again

By ROHAN SULLIVAN| AP| Business

… contracting at a slower rate than its trading partners and inflation is likely to fall as unemployment rises, so the rate cut "will provide significant support to domestic demand over the period ahead," he said. Copyright 2009 The Associated …

Story|04/07/2009

ECB's Trichet: Main interest rate could go lower

By GEORGE FREY| AP| Business

… what those may be or what they could entail. "We will see what we decide," he said. After a half percentage point rate cut at the last rate-setting meeting March 5, Trichet had indicated that another reduction was possible and that the bank …

Story|04/02/2009

Gold prices little changed as investors await G-20

By SARA LEPRO| AP| Business

… against other major currencies in anticipation of an interest rate cut by the European Central Bank, also on Thursday. Interest ..... effect, meaning the dollar could benefit from a significant rate cut in Europe. More buying on Wall Street also kept gold prices …

Story|04/01/2009

Dollar climbs as ECB doesn't rule out rate cuts

Business

… National Bank cut its key interest rate by a quarter point to a record low 0.25 percent on Thursday. It is the fifth rate cut by the Swiss bank since October. Lower interest rates can weaken a currency as investors move funds to where they earn …

Story|03/12/2009

World stocks sag on concerns about Obama plans

By PAN PYLAS| AP| Business

… 310.91 points, or 2.3 percent, to 13,228.30, while South Korea's Kospi lost 0.9 percent despite another rate cut from the country's central bank. Shanghai's main index was off 0.6 percent and Taiwan's benchmark retreated 2 …

Story|02/12/2009

Re-Learning to Drive Online Can Save You Big Bucks

Leisure

… see what discounts you'll qualify for. Our testers received discounts of about $45 a year, amounting to about a 3% rate cut . (The course also enabled one tester to reduce a $230 speeding ticket to $110.)

Story|02/05/2009

Re-Learning to Drive Online Can Save You Big Bucks

Leisure

… see what discounts you'll qualify for. Our testers received discounts of about $45 a year, amounting to about a 3% rate cut . (The course also enabled one tester to reduce a $230 speeding ticket to $110.)

Story|02/05/2009

Latin American stocks fall

BUSINESS

… tracking U.S. equities on news of contracting earnings and job cuts at Microsoft Corp. Despite a big interest- rate cut in Brazil, the benchmark Ibovespa dropped 1.7 percent to 38,894. Brazil's central bank on Wednesday cut the benchmark …

Story|01/22/2009

Brazil unemployment rate at 7-year low

By BRADLEY BROOKS| AP| BUSINESS

… but said it would be "substantially worse." On Wednesday, Brazil's central bank issued its biggest interest- rate cut in five years, slashing its benchmark rate to 12.75 percent. Credit has been tightening for Brazil's biggest companies …

Story|01/22/2009