Czech Republic’s central bank cuts key interest rate by quarter percentage point to 1.5 pct

August 6th, 2009 European, British rates unchangedFRANKFURT — The European Central Bank and Bank of England left interest rates unchanged Thursday at record lows amid early signs of economic recovery but took different paths in efforts to increase money supply and boost growth. The Bank of England kept its interest rate at 0.5 percent and the ECB left its at 1 percent.

July 17th, 2009 Mexico central bank cuts reference rate 0.25 pctMEXICO CITY — Mexico's central bank cut its benchmark interest rate by a quarter percentage point Friday, dropping the interbank rate to 4.50 percent to stimulate a recession-dogged economy. The peso strengthened after the announcement, trading early Friday at 13.4 to the dollar compared to 13.6 on Thursday.

July 2nd, 2009 Swedish Riksbank cuts rates to record low 0.25 pctSTOCKHOLM — Sweden's central bank on Thursday surprised markets by cutting its key interest rate by a quarter of a percentage point to 0.25 percent, saying the economic downturn appears to be deeper than previously forecast. It added that low official interest rates might not be enough to make financial markets recover and decided to issue loans of 100 billion kronor ($13.1 billion) to banks.

June 4th, 2009 Russian central bank cuts interest ratesMOSCOW — Russia's Central Bank on Thursday cut its key interest rate by half a percentage point to 11.5 percent — the third time since April it has slashed borrowing costs to help its economy through recession. The bank said in a statement that the new refinancing rate will be effective Friday.

May 9th, 2009 Iceland cuts interest rates to 13 percentLONDON — Iceland's central bank has cut official interest rates by 2.5 percentage points to 13 percent to help the country's troubled economy. It is the third cut in rates this year by the central bank, called Sedlabanki.

May 9th, 2009 ECB cuts a quarter point; BoE hikes asset purchaseFRANKFURT — The European Central Bank has cut its main interest rate by a quarter point to 1 percent and is likely to unveil more measures aimed at boosting the economy of the 16-nation euro zone. The downward move was the fourth such decision this year by the Frankfurt-based bank that sets monetary policy for countries that share the euro currency.

May 8th, 2009 European Central Bank cuts rates a quarter pointFRANKFURT — The European Central Bank cut interest rates a quarter point to 1 percent Thursday and said the reduction wasn't necessarily its last, while announcing still more measures to push money into the 16-country euro zone's financial system and support its economy. The Bank of England also moved to shore up its economy, stepping up efforts to increase the money supply although it left its rates unchanged at 0.5 percent.

May 8th, 2009 ECB cuts a quarter percent; BoE keeps 0.5 pct rateFRANKFURT — The European Central Bank cut its main interest rate by a quarter point to 1 percent Thursday and is poised to unveil more measures to help boost the 16-nation euro zone economy. The ECB also cut its interest rate on its marginal lending facility — used to lend money to banks overnight — by a half a point to 1.75 percent from 2.25 percent.

May 8th, 2009 ECB cuts a quarter percentFRANKFURT — The European Central Bank cut interest rates a quarter point and said it would buy euro-denominated bonds as well as offer longer-term credit to banks as it moves to get more money flowing through the 16-nation euro zone economy. ECB President Jean-Claude Trichet, in remarks to reporters after the bank lowered its benchmark interest rate to 1 percent on Thursday, unveiled the new measures to accompany already announced ones such as increased amounts of bank credits and broader collateral rules for banks that tap them.

May 8th, 2009 ECB cuts a quarter pointFRANKFURT — The European Central Bank has cut its main interest rate by a quarter point to 1 percent and is likely to unveil more measures aimed at boosting the economy of the 16-nation euro zone. The downward move was the fourth such decision this year by the Frankfurt-based bank that sets monetary policy for countries that share the euro currency.

May 8th, 2009 ECB cuts key rate a quarter percent; to buy bondsFRANKFURT — The European Central Bank cut interest rates a quarter point and said it would buy euro-denominated bonds as well as offer longer-term credit to banks as it moves to get more money flowing through the 16-nation euro zone economy. ECB President Jean-Claude Trichet, in remarks to reporters after the bank lowered its benchmark interest rate to 1 percent on Thursday, unveiled the new measures to accompany already announced moves including increased credit amounts and broader collateral rules for banks that borrow from it.

May 8th, 2009 ECB cuts a quarter percent, will buy bondsFRANKFURT — The European Central Bank will purchase euro-denominated covered bonds and extend 12-month credits to banks as it moves to get more money flowing through the 16-nation euro zone economy. ECB President Jean-Claude Trichet, in remarks to reporters after the bank lowered its benchmark interest rate to 1 percent, unveiled the measures to accompany already announced increased liquidity and broader collateral rules for banks.

May 8th, 2009 Denmark cuts key interest rate to to 1.65 percentCOPENHAGEN — Denmark's central bank says it has cut its key interest rate by 0.35 percentage point to 1.65 percent. Denmark's Nationalbanken says the decision was a consequence of a rate cut by the European Central Bank earlier in the day.

April 29th, 2009 NZ key interest rate cut 50 basis pointsWELLINGTON, New Zealand — New Zealand's central bank cut half a percentage point from the nation's key interest rate Thursday, dropping it to a record low of 2.5 percent from 3.0 percent in a further bid to halt the economy's slide into deeper negative growth. Reserve Bank Governor Alan Bollard said the New Zealand economy remains weak after 18 months of recession, with low investment and confidence levels and rising unemployment.

April 28th, 2009 Dollar 3-month interbank lending rate falls againLONDON — The cost of three-month dollar loans between banks fell modestly Tuesday as the markets awaited the verdict of the U.S. government's stress tests of the country's 19 major financial institutions.