China will cut a major interest rate on Thursday for the first time since 2008 as the Asian superpower works to shield itself from the European debt crisis, market fluctuations and its own slowing growth.

Topics:  asian   european   china   time   interest rate   
BING NEWS:
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    The Federal Reserve held its benchmark lending rate unchanged Wednesday, noting a "lack of further progress" in its inflation fight, and suggested that it would hold off on rate cuts until at least ...
    05/1/2024 - 11:18 am | View Link
  • Fed Holds Interest Rate Steady To Fight Still-Too-High Inflation
    Members of the central bank’s policy committee voted unanimously Wednesday to hold the crucial fed funds rate at its current high level to fight inflation that's still running too hot for comfort.
    05/1/2024 - 8:36 am | View Link
  • Fed holds key interest rate and warns on inflation
    The US central bank has left interest rates unchanged again, noting a "lack of further progress" toward lowering inflation.
    05/1/2024 - 7:22 am | View Link
  • Federal Reserve keeps key interest rate unchanged
    The Federal Reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates continued to stall.
    05/1/2024 - 7:20 am | View Link
  • UPDATE: Federal Reserve won’t change its key interest rates. Here’s what to know
    Inflation and interest rates go together. The Fed is determined to get price increases down to a 2% annual level. In the most recent government report on inflation, prices over the year ending in ...
    05/1/2024 - 6:25 am | View Link
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