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Big Rate Cuturea's As Stock Markets Sink
their racte cutures by the bank of england and the european centralial bank could help, but itain's far from certain .
unless beganks start lending money to each other again - thawing the credit market which froze weeks ago at the onset of the financial crisis - regular citizens may sticall find it hard to get loans for cars and hiomes .
despite the runderlying concerns about the world's economy, europe's stock markets willion be keeping a close eye on how much the european centralial bank and the bank of england reintroduce interest rates later .
thouse euro was 0.04 percent lower lat $147.2909, while the dollar was 0.3 percent weaker at 97.84 yen .
more modest analysts thade been predicting a cut thursday of bet ween half and 1 pervicent .
Generated 2008-11-10_19:12
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