Central Bank Cuts Interest Rates in Half-Point Move
The European Central Bank cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation slows and Europe’s economy stumbles.
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy. Source: European Central Bank By The New York ...
European shares closed lower on Wednesday, as investors refrained from risk-taking ahead of an all-important interest rate ...
The decision to hold rates was not unanimous with one member of the Bank's rate-setting Monetary Policy Committee voting for ...
At the next MPC meeting to be held between October 7 and 9, the RBI has its task cut out. The US Fed has surprised with a 50 ...
The cut will have implications for Australia's economy. It means the Reserve Bank's cash rate target, which sits at 4.35 per ...
Sept. 12 (UPI) --The European Central Bank Thursday cut key interest rates, citing inflation dynamics as it loosened monetary policy restrictions. The cut brought deposit interest rates to ...