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<title>Consumer News Today: Interest Rate Cut News</title>
<link>http://consumer.einnews.com/news/interest-rate-cut</link>
<description>Constantly updated news and information about consumer news.</description><item>
<title>GLOBAL MARKETS-Stocks end mixed but grim data sinks oil, dollar</title>
<link>http://consumer.einnews.com/news.php?wid=207192558</link>
<pubDate>8 Jan 2009 22:32 GMT</pubDate>
<description>
...  dollar weakness * Sterling rises after BoE cuts benchmark rate NEW YORK, Jan 8 (Reuters)  ...  the Bank of England cut its benchmark interest rate less aggressively than some had expected. The  ...  squeeze from further slowing the economy. British interest rates have fallen 3.5 percentage points since October  ...
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<title>Mexico peso hit by US fears, bonds up on rate view</title>
<link>http://consumer.einnews.com/news.php?wid=207189394</link>
<pubDate>8 Jan 2009 22:10 GMT</pubDate>
<description>
...  market expectations. ID:nN08527930 Traders said energy price cuts announced by the government on Wednesday could  ...  raising chances the central bank will cut interest rates soon to boost the economy. &quot;The government&#39;s  ...  bank could move to lower its key interest rate from 8.25 percent as soon as the  ...
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<title>Fast track sought to boost confidence</title>
<link>http://consumer.einnews.com/news.php?wid=207189326</link>
<pubDate>8 Jan 2009 21:55 GMT</pubDate>
<description>
...  &quot;The government must have the guts to cut taxes now to help those with low  ...  said. He also supports further cuts in interest rates, saying the Bank of Thailand has ample  ...
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<title>British interest rate hits lowest point since late 17th century</title>
<link>http://consumer.einnews.com/news.php?wid=207189186</link>
<pubDate>8 Jan 2009 21:55 GMT</pubDate>
<description>
...  World News (Agence France - Presse) British interest rate hits lowest point since late 17th century  ...  century The Bank of England on Thursday cut its key lending rate by half a  ...  the Bank has decided that record low interest rates are necessary to wrestle the economy from  ...
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<title>Bank rates: how low can you go? &gt;</title>
<link>http://consumer.einnews.com/news.php?wid=207189078</link>
<pubDate>8 Jan 2009 21:54 GMT</pubDate>
<description>
... Today&#39;s 0.5 per cent cut by the Bank of England puts interest rates at their lowest since 1694 - the year Newton discovered gravity. And the reduction  ...
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<title>UPDATE 2-Bank of Canada hints at more rate cuts to come</title>
<link>http://consumer.einnews.com/news.php?wid=207188871</link>
<pubDate>8 Jan 2009 21:54 GMT</pubDate>
<description>
...  2-Bank of Canada hints at more rate cuts to come By Jennifer Kwan TORONTO, Jan  ...  Thursday that it would continue to lower interest rates this year but gave no indication of  ...
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<title>Nouriel Roubini 2009 U.S. GDP Forecasting 40% Home Mortgage Failures?</title>
<link>http://consumer.einnews.com/news.php?wid=207188660</link>
<pubDate>8 Jan 2009 21:54 GMT</pubDate>
<description>
...  with a That&#39;s all assuming that long-term interest rates stay low. So &quot;SNAP&quot; and &quot; SNAP&quot;...  ...  - i.e. fix the mess), is to cut starts and foreclosures and to encourage sales  ...
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<title>How many trillions to torpedo America&#39;s future?</title>
<link>http://consumer.einnews.com/news.php?wid=207188427</link>
<pubDate>8 Jan 2009 21:54 GMT</pubDate>
<description>
...  percent of the federal budget. This incoming White House and Congress have their work cut out for them. Can the federal government borrow and spend like there&#39;s no tomorrow  ...
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<title>Bank of England cuts rate to new low</title>
<link>http://consumer.einnews.com/news.php?wid=207188309</link>
<pubDate>8 Jan 2009 21:54 GMT</pubDate>
<description>
... Bank of England cuts rate to new low HISTORIC LOWS: The  ...  the future. The Bank of England cut interest rates by half a percentage point overnight to  ...  of the year, although recent tax and interest rate cuts combined with the sharp fall in  ...
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<title>Bank cuts rates to 315-year low to boost lending</title>
<link>http://consumer.einnews.com/news.php?wid=207188224</link>
<pubDate>8 Jan 2009 21:54 GMT</pubDate>
<description>
... Bank cuts rates to 315-year low to boost lending  ...  credit to companies, as it cut official interest rates to a 315-year low of 1.5 per  ...
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<title>Economy: Building slumps despite rate cuts</title>
<link>http://consumer.einnews.com/news.php?wid=207188223</link>
<pubDate>8 Jan 2009 21:54 GMT</pubDate>
<description>
...  expected pace in November, despite deep rate cuts. The Australian Bureau of Statistics said today  ...  compelled to make further deep cuts to interest rates when it meets next month, reports RBC  ...  Capital Market senior economist Su-Lin Ong said interest rate cuts, including RBA&#39;s decision in November to  ...
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<title>Corporate America faces big pension shortfalls</title>
<link>http://consumer.einnews.com/news.php?wid=207188043</link>
<pubDate>8 Jan 2009 21:54 GMT</pubDate>
<description>
...  billion surplus a year earlier, and will cut into earnings in 2009, consulting firm Mercer  ...  &quot;The (Federal Reserve&#39;s) drive to bring down interest rates to help the economy has had the  ...
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<title>Slovakia Must Maintain Credible Fiscal Policy, ECB&#39;s Trichet Says</title>
<link>http://consumer.einnews.com/news.php?wid=207187933</link>
<pubDate>8 Jan 2009 21:54 GMT</pubDate>
<description>
...  stability pact. With the European Central Bank&#39;s interest rate meeting a week away, Trichet made no  ...  in a 100% chance of a 50bp cut and a 77% chance of a 75bp  ...
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<title>Eurozone recession likely to deepen</title>
<link>http://consumer.einnews.com/news.php?wid=207187665</link>
<pubDate>8 Jan 2009 21:53 GMT</pubDate>
<description>
...  Bank fresh cause to consider a large cut in its key interest rate. &quot;It&#39;s clear  ...  January 15. The ECB cut its key interest rate to 2.5 per cent from 3.25 per  ...
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<title>French pastry chef Gaston Lenotre dies at 88</title>
<link>http://consumer.einnews.com/news.php?wid=207187643</link>
<pubDate>8 Jan 2009 21:53 GMT</pubDate>
<description>
... The IHT&#39;s executive editor, Alison Smale, discusses the week in  ...  reasons behind the bank&#39;s decision to cut interest rates by 75 bas... Team France heads to  ...
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