Read more interest rate cut stories on Newserhttp://www.newser.com/taggrid/24438/interest-rate-cut.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 14:17:25 CSThttp://www.newser.com/story/73326/fed-leaves-rate-at-record-low.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Federal Reserve today held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery. The Fed says economic activity has "continued to pick up" and that the housing market also has grown stronger, a...http://www.newser.com/story/73326/fed-leaves-rate-at-record-low.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 04 Nov 2009 13:43:54 CSThttp://www.newser.com/story/64090/recession-delivers-double-whammy-to-legal-aid-offices.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe recession has crippled funding for legal aid even as it has bumped up the number of people requesting representation, McClatchy reports. Though the federal government ramped up spending this year—and plans an even bigger increase for 2010—state funding and private donations have cratered, forcing legal aid to...http://www.newser.com/story/64090/recession-delivers-double-whammy-to-legal-aid-offices.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 10 Jul 2009 15:32:02 CDThttp://www.newser.com/story/55098/europe-cuts-rates-less-than-expected-to-125.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe European Central Bank cut interest rates today by 25 basis points, less than expected, to 1.25%. Economists had widely expected a cut double that size, reports the Financial Times , and financial markets soared on the news this morning. The ECB has been more hesitant to cut rates than...http://www.newser.com/story/55098/europe-cuts-rates-less-than-expected-to-125.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 02 Apr 2009 7:18:15 CDThttp://www.newser.com/story/52482/uk-drops-rates-to-05-begins-printing-money.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Bank of England cut interest rates today by 50 basis points to an all-time low of 0.5% and began a far more drastic process: quantitative easing, or "printing money." The Times of London reports that the Bank received permission from the government this morning to spend $106 billion...http://www.newser.com/story/52482/uk-drops-rates-to-05-begins-printing-money.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 05 Mar 2009 6:18:00 CSThttp://www.newser.com/story/47368/uk-slashes-interest-rates-to-all-time-low-of-15.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe venerable Bank of England cut interest rates today by 50 basis points, trimming them to 1.5%—their lowest since the bank's founding in the 17th century. Investors had expected the move, although business organizations had pressed for a 100-point cut. Yesterday, Britain's finance minister admitted that the recession...http://www.newser.com/story/47368/uk-slashes-interest-rates-to-all-time-low-of-15.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 08 Jan 2009 7:10:00 CSThttp://www.newser.com/story/47182/fed-sees-recession-lingering-through-09.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Federal Reserve anticipates the recession will continue through 2009 despite its recent rate slash and other planned “nontraditional policies,” the Wall Street Journal reports. Minutes of the Fed's December 15-16 meeting, at which it cut rates to nearly zero, indicate a deep pessimism about the economy. Officials expect the...http://www.newser.com/story/47182/fed-sees-recession-lingering-through-09.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 06 Jan 2009 16:09:24 CSThttp://www.newser.com/story/46006/stocks-begin-holiday-week-mixed.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks opened mixed today after China cut interest rates and Toyota predicted its first loss in 71 years, the Wall Street Journal reports. Toyota’s US shares dropped 3% after its bleak forecast, and General Motors (16%) and Ford (7%) both fell. The Dow ticked up after the bell but was...http://www.newser.com/story/46006/stocks-begin-holiday-week-mixed.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 22 Dec 2008 9:17:28 CSThttp://www.newser.com/story/45786/bank-of-japan-follows-fed-cuts-rates-to-near-zero.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Bank of Japan cut interest rates from 0.3% to to 0.1%, within the historic zero- to quarter-percent range that the Fed chose earlier this week. Central bankers were responding to a deep recession as well as a soaring yen, which recently hit a 13-year high against the...http://www.newser.com/story/45786/bank-of-japan-follows-fed-cuts-rates-to-near-zero.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 19 Dec 2008 7:32:52 CSThttp://www.newser.com/story/45575/fed-cut-wont-translate-into-much-for-consumers-yet.html?utm_source=syn&utm_medium=rss&utm_campaign=tagConsumers hoping for lower interest rates on credit cards, car loans, and mortgages after the Federal Reserve dropped a key interest rate to near 0% yesterday aren’t likely to get a break soon, reports MarketWatch. But loans could be easier to get once the Fed’s other actions—buying up a...http://www.newser.com/story/45575/fed-cut-wont-translate-into-much-for-consumers-yet.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 17 Dec 2008 9:53:00 CST