Fed leaves rates alone
Despite last week's news of an increase in unemployment to 6%, the Fed decided that last month's aggressive half-point cut in borrowing costs was enough for the time bein...
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Rate relief for Europe
Europe's central bank yesterday cut interest rates for the first time for more than a year as it sought to prevent Germany from sliding into a full scale recession.
Wim...
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European interest rates cut by 0.5%
The European Central Bank today cut interest rates by a half point, taking the eurozone's base rate down to 2.75% in response to sluggish economic growth and high German ...
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London TB rates similar to China
Tuberculosis, a 19th century disease that modern medicine and sanitation virtually eradicated, has made such a dramatic comeback that parts of the UK are experiencing lev...
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Bank expected to keep interest rates on hold
The Bank of England was expected to keep interest rates on hold today at 4% amid further evidence that the housing market is continuing to boom.
Rates have been held st...
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ECB chief signals rate cut as Berlin realigns
The head of the European Central Bank, Wim Duisenberg, yesterday hinted that the ECB could be prepared to cut interest rates tomorrow to help struggling economies within ...
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Private bill to boost recycling rates
A Labour MP today pledged to bring in a bill to encourage domestic recycling - a move that coincides with tomorrow's pre-Budget report, which is expected to announce new ...
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Rate cut odds lengthen
Prospects of an early cut in interest rates receded yesterday after official figures showed the cost of living last month rose at the fastest pace since April.
Underlyi...
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The new interest-rate orthodoxy is as flawed as the old one
Remember how it was in 1979-1981? Mrs Thatcher and Geoffrey Howe swallowed an untested theory whole and subjected Britain, brutally, to the monetarist experiment. All pol...
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MPC leaves rates on hold
The Bank of England yesterday turned a deaf ear to cries for help from the ailing manufacturing sector and left Britain's interest rates on hold for the 12th consecutive ...
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