Sentence examples for rate reduction in from inspiring English sources

The Governor let stand the largest corporate tax rate reduction in state history.

The Fed's action was its second big rate reduction in eight days and its fifth rate cut since September.

"And they have just announced a their third rate reduction in the past two years," Mr. Viglianto said.

Mr. Plosser said he had been a strong advocate of the central bank's big rate reduction in September, to 4.75percentt from 5.25percentt, but he said he had not seen enough data by last week to justify more action.

The agreement with the Federal Communications Commission, the largest rate reduction in the agency's history, also cuts access charges that the long distance companies pay local Bell companies; the savings, if passed on to consumers, should help lower bills.

But with much of Asia in recession, Russia in economic turmoil and Latin America increasingly at risk, industrialized and developing nations alike have been calling for a rate reduction in the United States.

The move follows two rate reductions in recent months.

Republicans have talked about speeding the income tax rate reductions in the tax bill Mr. Bush signed into law in June.

Taxpayers already knew that they would receive permanent rate reductions in a few years; the only new development is that they will have slightly more disposable income from 2003 through 2005.

The rate reductions in Europe are unlikely to have a direct influence on policy makers at the Federal Reserve, who will meet on Dec. 22 to decide whether to cut rates again.

BellSouth said its earnings were held down by local telephone rate reductions in several Southeastern states, which the company had accepted in exchange for looser regulation of profits in the future.