CNET.com: England Slashes Interest Rates
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- CNET
Fed slashes rates amid recession
UK interest rates slashed to 3%
Worried about recession, employers slash jobs
USA: Federal Reserve slashes U.S. interest rates by half-percentage point in bid to shield economy from housing slump, Wall Street rallies
European Central Banks Slash Interest Rates To Tackle Recession
USA: Economists predict the U.S. Federal Reserve will slash its benchmark rates for first time since mid-2003
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CNET.com: England Slashes Interest Rates
The Bank of England slashed interest rates by 1.5 points in preparation for what seems like an inevitable recession. Elizabeth Palmer reports.
CNET | November 6, 2008
