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NZ sets key interest rate to record low
AFP, Published on 10/03/2016
» WELLINGTON - New Zealand unexpectedly slashed interest rates to a record low on Thursday in a "shock and awe" tactic, stunning financial markets and sending the kiwi currency tumbling.
ECB cuts key rates, beefs up asset purchase programme
AFP, Published on 10/03/2016
» FRANKFURT - The European Central Bank came out with all guns blazing Thursday to jump start the stalled eurozone economy, slashing already record-low interest rates, pumping massive new sums into the banking system and, for the first time, buying corporate bonds.