Sentences with phrase «deep cuts in interest rates»

Not exact matches

The SNB also cut interest rates deeper into negative territory, by 50 basis points to negative 0.75 percent, in an effort to help cushion the blow.

The move spurred speculation that Denmark's central bank may also depeg its currency; it's already cut its interest rates deeper into negative territory to counter pressure from a falling euro in the wake of the European Central Bank (ECB) launching a quantitative easing program.