The European Central Bank cut key interest rates to an all-time low of 0.50% on Thursday.
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The ECB last cut its key interest rate, by 0.25%, on 10 May.
The European Central Bank has cut its key interest rate by one half of one percentage point, in 17 months.
Last month, India's central bank cut its key interest rate to 7.75% from 8%, the first such move in nine months.
Only recently have the inflation levels eased below 4%, prompting the Chinese central bank to cut its key lending rate in June.
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The dollar is being dragged down by continued speculation that the Federal Reserve will cut the key Fed Fund rate at its meeting on Wednesday.
In Europe, the Stoxx Europe 600 jumped 1% on continued hopes that the European Central Bank will cut its key interest rate later this week.
The U.K.'s central bank cut its key interest rate to 3.0%, from 4.5%, on Thursday, far exceeding many economists' expectations for a 75- or 100-basis-point cut.
Last month, India's central bank, the Reserve Bank of India, cut its key interest rate to 7.75% from 8%, the first such move in nine months.
Then in September, the Fed cut its key short-term interest rate for the first time since 2003 by one-half percentage point from 5.25 percent to 4.75 percent.
The RBI, worried about inflation and encouraging more imports, has cut its key lending rate by 0.75 percentage point this year, much less aggressively than industry leaders wanted.
On Tuesday, the US Federal Reserve cut its key interest rate from 1% to a range of between zero and 0.25% in an attempt to revive the economy.
The RBI is widely expected to cut its key lending rate by a quarter of a percentage point Tuesday to stimulate an economy growing at its weakest pace in a decade.
U.S. stocks are now turning higher this morning after the European Central Bank cut its key interest rate by a quarter percentage to 1% in an effort to boost the economy.
The RBI cut its key lending rate thrice this year, all by a quarter of a percentage point, and markets were hoping it to further reduce the rate at its next policy meeting.
The Federal Reserve cut a key interest rate by a quarter-percentage point Tuesday to 4.25 percent in an effort to buoy a U.S. economy battered by tighter credit and a continuing mortgage crisis.
India's central bank cut its key lending rate by a quarter of a percentage point to help revive economic expansion, but it warned that higher inflation and a wide current-account deficit may leave little room for further easing.
The Federal Reserve, confronted with a global stock sell-off fanned by increased fears of an American recession, cut a key interest rate by three-quarters of a percentage point on Tuesday, the biggest one-day move by the central bank in recent memory.
The European Central Bank and its new leader somewhat surprised the market place Thursday with a cut in its key interest rate.
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But when it comes to policies, there are some real differences out there - once you cut through the key bullet points which look very similar from candidate to candidate.
As both Republicans and Democrats in Congress appear willing to cut funding for key energy innovation programs, a bipartisan group of Senators have spoken out in support of maintaining funding for an innovative energy technology agency that invests in game-changing research.
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There must be times when executives at Lockheed Martin and Northrop Grumman wish they had the same options as Boeing and United Technologies, given the frequently capricious behavior of their military customer (both are currently battling unexpected Pentagon moves to cut back or kill key weapons programs).
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The collapse of the Soviet Union deprived Russia of key ports and cut the size of its fleet.
Then it's back to government legislation, with the third reading of the Public Service Pensions Bill - the startlingly low-key measure to cut the cost of public-sector pensions.
Behind those big numbers, Obama would cut or freeze spending on many key programs for seniors.
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When Labour was elected in 1997, one of its key pledges was to cut the number of patients waiting for treatment by 100, 000.
Neve, who is in Juba, said supply lines at refugee camps have been cut off and failure to get key supplies before the rains will lead to a humanitarian crisis.
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Neve, who is in the South Sudan capital of Juba, said supply lines at refugee camps have been cut off and failure to get key supplies before the rains will lead to a humanitarian crisis.
With droughts in Russia, excessive rains in Canada and Pakistan and adverse weather conditions affecting the harvest in the U.S., the U.S. government has cut its forecast for stocks of key crops such as corn, wheat and soybean.
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