Central banks go on offensive

MARKET NEWS

LONDON -- The world’s central banks last week moved to underpin the world financial system with a series of interest rate cuts.

First off the mark was the Federal Reserve and the European Central Bank, which both cut rates by 50 basis points on Monday (September 17), leaving borrowing costs at 3% and 3.75% respectively. The following day the Bank of Japan eased its super-loose monetary policy stance, and the Bank of England joined the rate-cutting club with a quarter point cut.

These cuts were

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: