The Obama administration has already signaled its interest in reducing the corporate income-tax rate.
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As I said yesterday, I believe that both Pakistan and India have an interest in reducing tensions between the two countries.
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And the point is that Republicans certainly do not have a corner on the market when it comes to interest in reducing the deficit.
Unfortunately, the administration has little interest in reducing federal expenditures.
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And with respect to Pakistan and safe havens there, Afghanistan and the United States and Pakistan all have an interest in reducing the threat of extremism in some of these border regions between Afghanistan and Pakistan.
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If the Soviet central authorities have not gone much beyond paying lip service to the idea of cutting back military production to increase the supply of manufactured goods for civilian purposes, they have shown a keen interest in reducing the costs of that military production.
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In a joint news conference Wednesday with British Prime Minister Gordon Brown -- ahead of his talks with Medvedev -- Obama emphasized that Russia and the United States also have a common interest in "reducing nuclear stockpiles and promoting nuclear non-proliferation" across the world.
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On June 1, Sprint announced it was reducing its voting interest in Clearwire to 49.8 percent from about 54 percent previously by surrendering Class b voting shares.
As a result, the Fed and other central banks were able to push interest rates lower than in the past, reducing the cost of a mortgage.
Unlike the Fed, which has engaged in a wide-ranging Quantitative Easing exercise aimed at reducing longer-term interest rates, the ECB has only ever engaged in bond purchases in the most grudging way possible and currently has no active bond purchase program.
So let science reassure you that reducing corporate speak is in your best interest.
Also on the table: ending agriculture subsidies, increasing the gas tax, taxing capital gains and interest as ordinary income, reducing some of the spending in the new health care law and freezing pay for government workers.
Saddled with such a large public debt, it is in the governments best interest to keep rates low, thereby reducing their debt service expense.
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For what has been happening is that the ECB has been buying bonds in the open markets as a way of reducing the interest rate that Greece must pay on market borrowings.
In normal times, the Fed can bolster aggregate demand by reducing interest rates.
With the nominal exchange rate held down by intervention, this could only come about through a rise in prices, creating expectations of future inflation and so reducing real interest rates.
In fact, the Swiss Central Bank did just that last week by reducing interest rates on its bonds.
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Unless the investments are held in tax-deferred accounts, you will pay taxes the year the interest is earned, reducing your net earnings.
In Brazil and Mexico governments have implemented sound macroeconomic policies, dousing inflation and gradually reducing interest rates.
In addition to cutting the funds rate, the Fed announced it was reducing its discount rate, the interest it charges to make direct loans to banks, by a quarter-point, as well, to 4.75 percent.
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