The Federal Reserve Cut Interest Rates for Third Time This Year The Federal Reserve announced its third consecutive interest rate cut on …
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Business
Swiss National Bank lowers interest rate by 50 basis points to combat strong franc.
by Tim McBrideby Tim McBrideThe Swiss National Bank (SNB) cut its key interest rate by 50 basis points on Thursday, exceeding market expectations, in an effort …
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Business
South Korea lowers lending benchmark by 25 basis points in surprise move.
by Tim McBrideby Tim McBrideSouth Korea’s Central Bank Cuts Interest Rate in Surprise Move to Boost Economy In a surprise move, the Bank of Korea (BOK) …