List
of articles tagged as Central-Bank
The Federal Reserve has slashed a key interest rate by half a percentage point as it seeks to revive
Saturday, November 01, 2008 www.hindustantimes.com
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Business
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The Federal Reserve has slashed a key interest rate by half a percentage point as it seeks to revive an economy hit by a long list of maladies stemming from the most severe financial crisis in decades.
The central bank today reduced its target for the federal funds rate, the interest banks charge on overnight loans, to 1 percent, a low last seen in 2003-2004. The funds rate has not been lower sin
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central-bank
Dwight-Eisenhower
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The IMF, in its bleakest forecast in years, said world economy was set for a major downturn.
Thursday, October 09, 2008 www.indianexpress.com
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Business
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Washington: The International Monetary Fund, in its bleakest forecast in years, said on Wednesday the world economy was set for a major downturn with the United States and Europe either in or on the brink of recession.
The IMF said the worst financial trauma since the Great Depression would exact a heavy economic toll as investors wrestle with a crisis of confidence and a credit crunch.
"The wor
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Washington
United-States
Europe
IMF
Central-Bank
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Global economic powers stitched together a desperate plan with major central banks
Thursday, October 09, 2008 www.hindustantimes.com
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Business
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Global economic powers on Wednesday stitched together a desperate plan with major central banks announcing simultaneous lending rate cuts to keep credit flowing amidst piling debris of the international financial collapse.
The US Federal Reserve announced a 0.5 per cent cut in its benchmark lending rate, from 2 per cent to 1.5 per cent. The announcement came early on Tuesday, catching traders by
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Central-Bank
Britain
China
Australia
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Central Bank of India debuts on the stock market
Tuesday, August 21, 2007 www.indiainfoline.com
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Stock market
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Central Bank of India made its debut on the stock market with the stock opening at Rs130.10 on the Bombay Stock Exchange (BSE) as against the issue price of Rs102 per share.The issue was priced in the band Rs 85-102 per share and the shares were alloted at the upper end of the price band. The issue was subscribed 62 times.
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