Friday, March 13, 2015

Rate cuts: 24 so far and there's more to come

An interest rate cut from South Korea Thursday takes the number of central banks that have stepped up their monetary easing this year to 24 and that number is likely to rise, analysts say.
South Korea's decision to cut its key rate by 25 basis points to a record low of 1.75 percent follows a rate cut by Thailand's central bank on Wednesday and easing by central banks in China, India and Poland since March began.

Read more...  http://www.cnbc.com/id/102499561

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