![]() New York Times |
Central banks move to fuel economy on 3 fronts
San Jose Mercury News In the span of less than an hour Thursday, China s central bank and the European Central Bank cut interest rates and the Bank of England stepped up its economic stimulus program. Three Central Banks Act to Stimulate More Borrowing Draghi Says Rate Cuts May Have 'Muted' Impact on Economy ECB cuts key rate to new low to help economy |