The NewZealand Central Bank cut its key interest rates by a bold 1%. And it warned that it expects the current recessionto last a long time.
Sweden cuts rates by 1/2%.
- China cuts rates….again. China’s central bank cut interest rates by more than a fullpercentage point. The key lending rate was dropped by 1.08%...
- India Central Bank raises rates At least one country is serious about fighting inflation. The Indian Central Bank raised interest rates for the second time...
- South Korea cuts rates too South Korea cut interest rates for the third time in a month andhinted that more cuts are on the way:...
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