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Central Banks for Euro Zone and Britain Drop Key Interest Rates to Record Lows.
- Source :
-
New York Times . 3/6/2009, Vol. 158 Issue 54606, p3. 0p. - Publication Year :
- 2009
-
Abstract
- The Bank of England and the European Central Bank both cut key interest rates by half a percentage point on Thursday, pushing the rates to their lowest levels ever. At the same time, the British central bank took an unprecedented step intended to pump cash into the economy by buying government and corporate bonds. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *INTEREST rates
*CORPORATE bonds
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 158
- Issue :
- 54606
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 36818947