British rates hit their lowest in 48 years, at 3.5percentt, with the last reduction, in July.
The Halifax and Abbey National yesterday cut their mortgage rates by only 0.1percentnt and said that this could be the last reduction in borrowing costs that customers enjoy.
Since the last reduction, retail sales rose at the fastest pace in nearly five years and house prices increased for the eighth consecutive month.
The Böckler Foundation contends that Germany's last reduction in working time, which began in 1985, has "saved or created" 1m jobs.
Correction: March 14 , 2002 Thursday Because of an editing error, an article yesterday about plans to reduce the Nassau County work force by 1,200 employees misstated the number the county had in 1992, at the time of the last reduction.
To help brace the economy, the Fed in late April dropped its key rate to 2percentt, a nearly four-year low, but hinted that could be the last reduction for a while.
Because of an editing error, an article yesterday about plans to reduce the Nassau County work force by 1,200 employees misstated the number the county had in 1992, at the time of the last reduction.
Since the last reduction in United States corporate tax rates, in 1986, other nations have reduced their own business rates; corporations complain this is putting them at a sharp competitive disadvantage.
Adsorption phenomena, however, were found associated to the last reduction processes in the thiophene fulleropyrrolidine conjugate.
end{aligned} (16) The last reduction formula enables one to write the linearization formula (15) in the reduced form given in (14).
