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- savannahnow.com
WASHINGTON - European central banks cut their interest rates dramatically Thursday, but most of them are still higher than the Federal Reserve's 1 percent target rate. Which raises a question: If the financial meltdown is global in nature, why do interest rates vary so widely around the world? - www.ananova.com
Banks have increased interest rates on millions of credit and debit cards even as the cost of borrowing plummeted to a 53-year low, according to a report. A study of 240 credit cards showed that while the Bank of England dramatically reduced its ...