UPDATE 2-Czech central bank surprises with hefty 75 bps rate cut
06 May UPDATE 2-Czech central bank surprises with hefty 75 bps rate cut
Posted at 16:15h
in
News
by KMFSLLP
The Czech National Bank cut its
main interest rate by a bigger-than-expected 75 basis points on
Thursday, bringing borrowing costs ever closer to zero as it
seeks to soften the economic blow of the coronavirus outbreak.
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