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World Interest Rates Timeline Tuesday, April 24 Bookmark and Share     Author
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China raises benchmark interest rates  China's central bank raised benchmark interest rates on, the second increase in just over 2 months, as the government battles inflation Australia raises interest rates  Australia has raised its main rate to 3.25% from 3%, becoming the first G20 nation to do so as the global economy begins to recover UK interest rates cut to new low  The Bank of England reduced interest rates by 0.5 percentage points to 1 percent, the lowest-ever level Eurozone interest rates cut to 2%  The European Central Bank has cut eurozone interest rates by half a percentage point to 2% to bolster the eurozone economy Interest rates hit all-time low  The Bank of England has cut rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to aid an economic recovery UK interest rates slashed to 3%
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Bank Main Event: US Fed raises interest rate...
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2015-12-16 US Fed raises interest rates by 0.25% Washington
2. 2015-06-10 S Korea cuts interest rates to record low amid Mers concerns South Korea
D. 2010-12-26 China raises benchmark interest rates Beijing
E. 2009-10-05 Australia raises interest rates Australia
F. 2009-02-05 UK interest rates cut to new low London
G. 2009-01-15 Eurozone interest rates cut to 2% European Union
H. 2009-01-08 Interest rates hit all-time low London
8. 2008-11-06 UK interest rates slashed to 3% London
9. 2008-10-08 World's central banks slash interest rates London

  S Korea cuts interest rates to record low amid Mers concerns
US Fed raises interest rates by 0.25%


year 2015 Top ^

Dec.16   Washington  
  The US Federal Reserve has raised interest rates by 0.25 percentage points - its first increase since 2006
 The move takes the range of rates banks offer to lend to each other overnight to between 0.25% and 0.5%. Rates in the US have been at near-zero since 2008
Jun.10   South Korea
  South Korea's central bank has cut interest rates to a record low, amid a deadly outbreak of the Middle East Respiratory Syndrome



year 2010 Top ^

Dec.26   Beijing  


year 2009 Top ^

Oct.5   Australia  
Feb.5   London  
Jan.15   European Union  
Jan.8   London  


year 2008 Top ^

Nov.6   London  
  The Bank of England has made a shock 1.5% point cut in UK interest rates to the lowest level since 1955
Oct.8   London   World's central banks slash interest rates
  The leading economies, led by the U.S. and the UK, slashed interest rates to tackle the global financial crisis after days of stock market losses
 Six central banks cut interest rates by half a percentage point
Apr.30   Washington   Further cut in interest rates
  The Federal Reserve has cut its key rate from 2.25% to 2.0% as it aims to avoid a possible US recession


year 2002 Top ^

Aug.13   Washington   Interest rates kept on hold  The Federal Reserve has retained rates at 1.75%, despite growing fears of economic weakness

year 2001 Top ^

Jan.31   Washington   Fed cuts interest rates by 0.5%
  It brings the federal funds rate to 5.5%, from 6%. U.S. economy grew at a 1.4% annual rate in the 4th quarter


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