The phrase "action on interest" is correct and usable in written English.
It can be used in contexts where you are discussing taking steps or measures regarding a particular interest or concern.
Example: "The committee will take action on interest to address the community's concerns about the new development project."
Alternatives: "steps regarding interest" or "measures on interest".
"Coordinated action on interest rates should be complemented by action on fiscal policy," Mr. Brown said.
"There was a glimmer of hope beforehand that there might be some action on interest rates," said Stephen Lewis, chief economist at Phillips & Drew, a London brokerage.
Howard Archer, of consultancy IHS Global Insight, described the latest survey as "very good news" – though he warned that it could force the Bank of England to take earlier action on interest rates than it currently expects.
But the bank has, over the years, tried to avoid taking any action on interest rates in the weeks leading up to Election Day -- which falls this year on Nov. 7.
The Federal Reserve's policy-setting Federal Open Market Committee held its second monetary policy meeting of the year, and, as expected, concluded the meeting with no action on interest rates, and consequently little impact on the market.
One aim of the G20 summit is to coordinate global action on interest rates in an effort to pump some life back into the world economy and avoid deflation, or falling prices.
But he said they would be "fully accountable" in future because their chief executives would have to start appearing at a parliamentary committee annually to explain their actions on interest rates and other behaviour.
Malcolm Turnbull last week said the banks ought to pass all RBA rate cuts in full to customers but, after they ignored him, he announced the chiefs of the major banks would be required to appear at a parliamentary committee annually to explain their actions on interest rates and other behaviour.
For many countries, falling consumer goods prices have been triggered by the movement of manufacturing to China and other low-cost locations not just by central bank actions on interest rates.
At the rally in Westminster, Javid initially received applause for government action on capping interest rates on payday loans and stopping the detention of children.
Since then, the business press has begun to press the AEA leadership for action on conflicts of interest in economic practice.
