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Home : Home Mortgage Loan : Fixed Rate Mortgage : MSN Newsfeeds : Iceland cuts interest rates - Seattle Post Intelligencer

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Iceland cuts interest rates - Seattle Post Intelligencer

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LONDON -- Iceland's central bank slashed official interest rates by 3.5 percentage points on Wednesday as it warned that the collapse of its banking system will lead to a "very sharp" contraction in the Nordic nation's economy. The decision by ...

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