Global Rate Cut

213983 Resource 119244 120646 120646 1223468484686 1223468484686 Controlled U.S. Fed Leads the Way in Global Interest Rate Cut

Central banks around the world cut interest rates

The <a title="global interest rate, interest rate cut, U.S. Fed, European Central Bank, Bank of England, central banks" target="_blank" id="tnxm" href="http://www.reuters.com/article/americasDealsNews/idUSTRE4974HY20081008" style="font-family: verdana,arial,helvetica,sans-serif;">U.S. Fed is leading the way in a global interest rate cut</a> designed to stimulate the world economy. The Federal Reserve has cut its own rate by <a title="global interest rate, interest rate cut, U.S. Fed, European Central Bank, Bank of England, central banks" target="_blank" id="vdjg" href="http://www.treesfullofmoney.com/2008/10/feds-cut-key-interest-rate-5.html" style="font-family: verdana,arial,helvetica,sans-serif;">50 basis points</a>, bringing the rate to 1.5 percent. Other central banks that have cut their rates include: <ul style="font-family: verdana,arial,helvetica,sans-serif;"><li> European Central Bank </li><li> Canada </li><li> Bank of England </li><li> Sweden </li><li> Switzerland </li></ul> Yesterday, the Australian central bank slashed its rate by an entire percentage point. 9 application/xml false Bank of England central banks European Central Bank global interest rate interest rate cut U.S. Fed Global Rate Cut Forex trading on the currency market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.3) Gecko/2008092414 Firefox/3.0.3 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 119244 blog blogsite/GFTForex/web