Fed cuts bank-loan rate, markets rally (Miami Herald)
The Federal Reserve tried to calm roiling financial markets on Friday, cutting the rate it charges banks for loans from its discount window and warning that falling stocks and increased uncertainty "have the potential to restrain economic growth going forward."

Fed cuts U.S. bank loan rate (UPI)
The Federal Reserve announced Friday it had approved a one-half percentage point cut in its discount rate on loans to banks.

Fed cuts U.S. bank loan rate (Moldova.org)
The U.S. Federal Reserve announced Friday it had approved a one-half percentage point cut in its discount rate on loans to banks.The more closely watched fed-funds rate remained unchanged.In its statement, the Fed said that increased economic uncertainty poses risks for U.S. business growth, The Wall Street Journal said. Major problems behind the move include the seriously slumping housing market ...

Fed cuts U.S. bank loan rate (EARTHtimes.org)
The U.S. Federal Reserve announced Friday it had approved a one-half percentage point cut in its discount rate on loans to banks. The more closely watched fed-funds rate remained unchanged. In its statement, the Fed said that increased economic uncertaint...

Fed Approves Cut in Loan Discount Rate (WVLT-TV Knoxville)
Fed Moves to Stabilize Market With 1 Half-Percentage Point Cut to Loan Discount Rate

Fed approves cut in discount loan rate (AP via Yahoo! News)
The Federal Reserve approved a half-percentage point cut in its discount rate on loans to banks Friday, a dramatic move designed to stabilize financial markets roiled by a widening credit crisis.

Canada Stocks Rise After Fed Discount Rate Cut; TD Bank Gains (Bloomberg.com)
Aug. 17 (Bloomberg) -- Canadian stocks rose for the first time in seven days after the U.S. Federal Reserve lowered the rate at which it lends to banks, to ward off the threat to growth in the world's biggest economy from a global credit crunch.

EastGroup stabilizes its loan interest rate (The Clarion-Ledger)
EastGroup Properties, a publically traded Jackson-based company, has closed a $75 million non-recourse mortgage loan with a fixed interest rate of 5.57 percent, 20-year amortization and a 10-year maturity.

Fed Approves Cut in Discount Loan Rate (San Francisco Chronicle)
The Federal Reserve approved a half-percentage point cut in its discount rate on loans to banks Friday, a dramatic move designed to stabilize financial markets roiled by a widening credit crisis. The action had an immediate positive impact on Wall...

Fed approves cut in discount loan rate (Sharewatch)
WASHINGTON (AP) - 0817b--fed--markets The Federal Reserve approved a half-percentage point cut in its discount rate on loans to banks Friday, a dramatic move designed to stabilize financial markets roiled by a widening credit crisis.