To ease credit, the Bank of England last week reduced its main interest rate to 1.5% - its lowest ever.
VOA: special.2009.01.16
The aim is to help lower interest rates on housing and other loans and improve credit conditions.
VOA: special.2009.03.20
And I believe we pulled the economy back from the abyss." To combat a crippling credit freeze, central banks slashed interest rates and pumped cash into credit markets.
VOA: standard.2010.04.21
"The challenge is to keep up the tempo and to continue these policies that have been placed in terms of credit flows being increased to customers and interest rates being maintained at around the ten per cent level,".
VOA: standard.2009.03.13
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