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KM Financial Solutions | UPDATE 2-Jordan’s central bank cuts benchmark interest rate to 4.25%
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UPDATE 2-Jordan’s central bank cuts benchmark interest rate to 4.25%

17 Sep UPDATE 2-Jordan’s central bank cuts benchmark interest rate to 4.25%

Posted at 19:39h in News by
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The Central Bank of Jordan said
on Wednesday that it was cutting its benchmark interest rate by
25 basis points to 4.25% in a move to help spur economic growth.
The move came shortly after the U.S. Federal Reserve cut its
own key interest rate by a quarter of a percentage point.
The central bank said in a statement that it acted in “light
of the developments in interest rates in international and
regional markets”.

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