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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (95406)10/11/2012 3:07:50 AM
From: elmatador  Respond to of 219571
 
Korea Matches Brazil Rate Cut as World Growth Stumbles

cut interest rates hours after Brazil as economies around the world shield themselves from the risk of a deeper slowdown driven by weakness in China and austerity measures in Europe. Governor Kim Choong Soo and his board in Seoul today lowered the benchmark seven-day repurchase rate to 2.75 percent from 3 percent, a decision predicted by 13 of 16 economists surveyed by Bloomberg News. Brazil’s Selic rate fell by the same amount to a record low 7.25 percent. Indonesia left its benchmark unchanged.

bloomberg.com