Sentence examples for for cutting interest from inspiring English sources

So there was a strong case for cutting interest rates.

What's more, if the economy were to head downhill fast, the Fed, despite its public worries about inflation, has plenty of scope for cutting interest rates.All told, the credit wobbles so far are likely to have only modest economic consequences.

Sir Paul Tucker said that central banks were no longer in a position to repeat the measures that they took in 2009, when they were hailed as economic saviours for cutting interest rates close to zero and launching quantitative easing.

Fears about America's domestic financial system have been heightened by the near-collapse last week of Long-Term Capital Management, a large hedge fund, and reports of big losses at several banks.But the most common argument for cutting interest rates is to prevent a global credit crunch.

If the war goes badly, depressing business confidence further and tilting the country toward a new recession, the Fed has only so much room for cutting interest rates, since it cannot reduce the federal funds rate for overnight loans to below zero.

The bank also resisted calls for cutting interest rates, leaving its key rate unchanged at 8%.

Shrugging off calls from exporters and labor groups to put a brake on the soaring Canadian dollar, the Bank of Canada has for now shelved its policy of cutting interest rates to stimulate the domestic economy.

Carney then urged banks to pass on the rate cut in full, saying they have "no excuse" for not cutting interest rates.

The Fed has indicated concern about the outlook for the economy but has come under fire from some quarters for not cutting interest rates immediately.

McNealy, who criticized Federal Reserve Chairman Alan Greenspan for not cutting interest rates earlier, said, "We're dealing with a recession that was there before Sept. 11…We're going to see more effects of the continuing recession".

On his 2008 campaign website, he voiced support for cutting subsidies for oil companies, increasing money available for college students, and cutting interest rates on student loans.