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Business US Central Bank Holds Interest Rates Steady Barry Wood The United States central bank, the Federal Reserve , Wednesday announced that it is holding short-term interest rates steady. The usual
AS IT IS 2016-03-12 EU Central Bank Moves to Help Economy The European Central Bank released a new round of measures to stimulate the economy, including lowering interest rates more. The financial moves announced Thursday are the latest efforts to li
Saying the economy is continuing to weaken, the U.S. central bank Tuesday cut short-term interest rates to nearly zero. Officers of the U.S. Federal Reserve stand watch in front of the Fed building in Washington, D.C., 29 Oct 2008 The Federal Reserv
U.S. and European central banks have in unison cut their interest rates by half a percentage point. The coordinated move is aimed at bringing some stability back to the shaky global economy and slumping stock markets. For VOA, Tom Rivers reports fro
BEIJING, March 17 (Xinhua) -- The People's Bank of China (PBOC), or the central bank(中央银行 ), auctioned 50 billion yuan (7.61 billion U.S. dollars) of three-month bills at a yield of 2.7944 percent on Thursday, temporarily easing speculati
U.S. central bank officials are meeting in Washington, to consider whether new measures are needed to boost economic growth and cut the stubbornly high jobless rate. Federal Reserve policy makers are discussing options Tuesday and Wednesday before an