KM Financial Solutions | UPDATE 2-Czech central bank surprises with hefty 75 bps rate cut
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UPDATE 2-Czech central bank surprises with hefty 75 bps rate cut

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.

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