Global "interest rate cut" continues to cut interest rates by 25 basis points announced by the Central Bank of the Philippines-Shanghai Metals Market

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Global "interest rate cut" continues to cut interest rates by 25 basis points announced by the Central Bank of the Philippines

Translation 04:44:33PM Aug 08, 2019 Source:Sina Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: the Central Bank of the Philippines announced on Thursday that it would cut its benchmark interest rate by 25 basis points from 4.5 per cent to 4.25 per cent, in line with basic market expectations.

The central bank of the Philippines cut interest rates by 25 basis points in May, the first rate cut in more than six years.

A wave of interest rate cuts by central banks around the world is continuing. On May 8 this year, the Federal Reserve of New Zealand cut interest rates by 25 basis points, marking the first cut in developed countries.

Brazil cut interest rates by 50 basis points immediately after the Fed cut interest rates by 25 basis points a week ago, while the central banks of Thailand, India and New Zealand cut interest rates by more than expected on August 7.

According to incomplete statistics, so far this year, 25 economies have announced interest rate cuts one after another.

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Global "interest rate cut" continues to cut interest rates by 25 basis points announced by the Central Bank of the Philippines

Translation 04:44:33PM Aug 08, 2019 Source:Sina Finance and Economics
The content below was translated by Tencent automatically for reference.

SMM News: the Central Bank of the Philippines announced on Thursday that it would cut its benchmark interest rate by 25 basis points from 4.5 per cent to 4.25 per cent, in line with basic market expectations.

The central bank of the Philippines cut interest rates by 25 basis points in May, the first rate cut in more than six years.

A wave of interest rate cuts by central banks around the world is continuing. On May 8 this year, the Federal Reserve of New Zealand cut interest rates by 25 basis points, marking the first cut in developed countries.

Brazil cut interest rates by 50 basis points immediately after the Fed cut interest rates by 25 basis points a week ago, while the central banks of Thailand, India and New Zealand cut interest rates by more than expected on August 7.

According to incomplete statistics, so far this year, 25 economies have announced interest rate cuts one after another.

"Click to sign up for this summit

"Click to sign up for this summit

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business