http://www.france24.com/en/20121101-czech-central-bank-cuts-rate-record-low-005
Prague's central bank lowered its 2-week repo rate by 20 bps...to 0.05...the lowest since its 1993 independence.
Most analysts expected the move...as the export dependent Czech economy moves into recession.
Some said the move will have little effect on growth.
Popular Posts
- PERU: Chaos Reigns In Lima's Streets With Unregulated Taxis And Ancient Buses.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL: FIFA Ponders Guns Swap For World Cup Football Tickets; Lula's Tumor 75% Reduced.
- FRANCE: Angry Basque Force Sarkozy To Hide In Bar.
- MEXICO: Guapo But Bobo...PRI's Pena Nieto Still Leads To Succeed Prez Calderon.
- Wall Street Journal Profiles Mexico's notorious "El Chapo."
- CHILE: 16 Jan. UPDATE: Camila Vallejo Interviewed; May Run For MP As Communist.
- SERBIA / KOSOVO / EU : President Nikolic Talks Tough About Pristina.
- CHILE / CANADA : Court Suspends Barrick Gold Pascua Lama Mine Production.
- BRASIL : Trade Surplus Hits 4 Year High $30 Billion; Auto Sales Up Almost 3%; 'Dirty List' Of Slave Employers Grows To 294.