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Taiwan's central bank cut the island's key lending rate by half a percentage point Wednesday, its sixth rate cut in three and half months, to support the export-dependent economy.
Just because the Federal Reserve is cutting interest rates, don't expect your credit card company to necessarily do the same.
Taiwan's central bank cut the island's key lending rate by three quarters of a percentage point Thursday, the fifth rate cut in less than three months.
Taiwan's central bank cut the island's key lending rate Monday, the fourth rate cut in less than two months.
China cut key interest rates for the third time in six weeks on Wednesday in a bid to spur economic growth amid fears of a global recession that would hit its vital exports.
Will U.S. consumers benefit from the interest rate cuts announced Wednesday by the Federal Reserve and several other countries' central banks?
Fed: Zero-percent interest rate? Zero percent interest rates! It sounds like free money, or maybe a promotional deal from General Motors to get people to buy Hummers. Are zero rates coming to the Federal Reserve?
U.S. economy shrank in the third quarterThe U.S. government said Thursday that the nation's economy shrank at a 0.3 percent pace in the third quarter, signaling onset of possible recession.
Fed Rate Cut is Not Good for Everyone: Bad for Savers, Elderly AmericansNot everyone is happy about the Fed's half-point rate cut on Wednesday. Anyone who relies on interest income from bank certificates of deposits or other savings tools is about to see that income slashed. With each step down the Fed takes in interest rates, savers get pinched.
Billionaire Warren Buffet Next Target: Used CarsTwo billionaire investors -- Warren Buffett and Eddie Lampert -- are buying into the auto dealership industry even though it faces one of its worst slumps in years. What gives?
Bear Stearns report causes credit market panicPanic swept the credit markets on reports of an insolvency crunch at both the US investment bank Bear Stearns and the mortgage giant Fannie Mae, triggering a dramatic surge in default insurance and rumours of yet another emergency rate cut by the US Federal Reserve.
Fed cuts rates again in bid to stave off recession - Jan. 30, 2008The Federal Reserve cut a key short-term interest rate by a half-percentage point Wednesday, its second significant cut in just over a week, as the central bank tries to combat the growing risk of a U.S. recession.
Fed cuts rates 75 basis points in emergency move WASHINGTON (MarketWatch) -- Hoping to halt a market meltdown and prevent a recession, the Federal Reserve lowered its overnight lending rate by three quarters of a percentage point to 3.50% on Tuesday in a rare move between formal meetings. The 75 basis-point surprise cut came a …
The Deal: Recent Fed cut is reckless relief - Sep. 28, 2007(Fortune Magazine) -- One of the core principles of the U.S.
Accelerated Rise Due To US Rate CutsTHE likelihood of another US Federal Reserve interest rate cut over the next few months is fueling expectations the Australian dollar may hit US90 within months.
Stocks jump after Fed discount rate cutStocks jump after discount rate cut Stocks soared Friday when the Federal Reserve did what Wall Street was clamoring for and cut its key discount rate a half percentage point. The Dow Jones industrials, after six straight days of losses, rose more than 100 points.
Fed says no need for emergency rate cut; maybe Sept 18 meeting...St. Louis Federal Reserve Bank President William Poole said on Wednesday financial market turmoil had not undermined the U.S. economy and there was no need for the central bank to ride to the rescue with an emergency rate cut.
House Democrats Propose Cut in Student Loan RatesHouse Democrats on Friday unveiled a bill that would cut interest rates on federally subsidized loans to college students by half over the next five years.
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