On September 15, 2008, China cut its interest rate for the first time since 2002.

Taxes were cut for the first time in seventeen years.

The Fed's ability to help the economy ended almost a year ago, when it cut rates for the 11th time.

I cut the grass yesterday for the first time and it was like a meadow!

Under the commission's order, the utility's basic rates would be cut for the first time since 1952.

The bank is expected to cut interest rates for the third time in two months.

The rate for 24-hour bank loans was cut for the second time in 24 days.

The company, which was forced to cut its dividend last year for the first time since 1906, said it expected continued improvements in performance.

The government cut its forecast of growth this year for the second time in three months, to less than 1 percent.

Companies also cut workers' hours for the first time since July.