Trichet talks down rate cut hopes
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European Central Bank boss Jean-Claude Trichet talks down rate cut chances amid financial market problems.
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US central bank chief hints at interest rate cut to ease credit crisis.
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The dollar was weaker against the euro  on Tuesday but above record lows reached after remarks by  European Central Bank chief Jean-Claude Trichet suggested the  ECB was unlikely to intervene to stem the euro's rise.
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European Central Bank President Jean- Claude Trichet joined European finance ministers in urging the US to halt the decline of the dollar, warning that the currency&#39;s slide risks derailing global growth.
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Business & money: British Retail Consortium urges Bank to consider reducing interest rates after weak high street sales.
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The dollar sagged to a record low  against the euro on Tuesday after remarks on monetary policy by  European Central Bank President Jean-Claude Trichet did not  detract from bullish euro sentiment.
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Ben S. Bernanke said that he was ready to slash interest rates yet again to prevent housing and credit problems from plunging the country into a recession.
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Rise in inflation lower than expected, suggesting Bank of England will have room to cut interest rates
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Three regional Federal Reserve banks wanted a deeper half-percentage-point cut in the discount rate ahead of December's Fed policy meeting, minutes of the Fed Board's discount rate meetings showed on Tuesday.
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The dollar sagged to a record low against the euro on Tuesday after remarks on monetary policy by European Central Bank President Jean-Claude Trichet did not detract from bullish euro sentiment.
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As policy makers around the world respond to the threat of accelerating inflation, The Bank of England yesterday raised interest rates for the fifth time in little less than a year and Jean-Claude Trichet, president of the European Central Bank, hinted at a possible rate increase later this year .
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European Central Bank President Jean-Claude Trichet said on Thursday the ECB would monitor price risks and financial markets very closely, toning down his anti-inflation rhetoric after it left its key interest rate at 4.0 percent.
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The Federal Reserveâs decision to cut interest rates by three-quarters of a percentage point should offer some comfort to consumers, with limits.
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The Federal Reserve, confronted with a global stock sell-off fanned by increased fears of a recession, cut a key interest rate by three-quarters of a percentage point on Tuesday
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Federal Reserve officials believed downside risks to U.S. economic growth had diminished between their May and June meetings, suggesting little likelihood that the current housing market downturn would spark a near-term cut in benchmark U.S. interest rates.
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Hopes that interest rates have peaked were fuelled today by news that the Bank of England this month began considering the case for a cut in the cost of borrowing.
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A long period of stasis in Federal  Reserve monetary policy looks certain to end on Tuesday with a  U.S. interest-rate cut, leaving the question of how much  further rates may drop and how fast.