UPDATE 2-Czech central bank surprises with hefty 75 bps rate cut
The Czech National Bank cut its
main interest rate by a bigger-than-expected 75 basis points on
Thursday, bringing borrowing costs ever closer to zero as it
seeks to soften the economic blow of the coronavirus outbreak.
main interest rate by a bigger-than-expected 75 basis points on
Thursday, bringing borrowing costs ever closer to zero as it
seeks to soften the economic blow of the coronavirus outbreak.
Posted by Reuters
