Expressindia.com logo Expressindia.com 1 month ago

Russia set to lower key rate this year

: Russias central bank will probably cut its key interest rate a further half a point this year to a record low as the regulator tries to goad banks to lend more and to stem ruble gains that threaten an export recovery. Full Article at Expressindia.com

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  1. Nov. 12 (Bloomberg) -- South Korea’s central bank will keep its benchmark interest rate unchanged for a ninth month as it gauges the strength of the economic recovery, analysts say. Full Article at Bloomberg.com

  2. The Bank of England today surprised economists by raising its forecasts for economic growth over the next two years, stating that the weak pound and its £200 billion money printing scheme should help restore confidence. Full Article at Times Online

  3. Nov. 10 (Bloomberg) -- Russia’s central bank will probably cut its key interest rate a further half a point this year to a record low as the regulator tries to goad banks to lend more and to stem ruble gains that threaten an export recovery. Full Article at Bloomberg.com

  4. WASHINGTON — The Federal Reserve pledged Wednesday to keep a key interest rate at a record low for an "extended period," signaling that the weak economy remains dependent on government help to grow. Full Article at Deseret News

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