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• See today's average credit card rates across the country.
Also cutting rates were the central banks of China, Canada, Sweden, and Switzerland. There's no guarantee, though, that mortgage rates will match the Fed's cut. That's because long-term interest rates, which influence 30-year mortgages, don't always ...
• Government considers taking stakes in banks
In an unprecedented coordinated move, central banks in England, China, Canada, Sweden and Switzerland and the European Central Bank also cut rates after a series of high-stakes phone calls over several days between Fed Chairman Ben Bernanke and his ...
• Oil hovers around $90 as financial woes spread
With Europe starting to be in panic mode, the dollar is gaining by default of the euro weakening and this continues to be a negative factor for commodities," said Olivier Jakob of Petromatrix in Switzerland. The 15-nation euro fell to $1.3587 in ...
• Fed leads round of global interest rate cuts
The central banks of China, Canada, Sweden, and Switzerland also cut rates. The Bank of Japan said it strongly supported the actions. “The recent intensification of the financial crisis has augmented the downside risks to growth,” the Fed said in ...
• Global rate cut does little to calm markets
... ahead of its regularly scheduled rate-setting meeting, the Fed cut the benchmark overnight lending rate for banks by a half-point to 1.5 percent. The Fed was joined by the European Central Bank, the Bank of England and central banks in Switzerland ...