VOA NEWS: EUROPE SLASHES INTEREST RATES
November 06, 2008
November 06, 2008
WASHINGTON, Nov. 6 -- The Voice of America issued the following story:
By Michael Bowman
European central banks have again cut interest rates to lessen the blow of what many experts say will be a deep economic recession. VOA's Michael Bowman reports from Washington, where U.S. economic statistics released Thursday pointed to a dramatic economic slowdown.
The Bank of England slashed its key interest rate by an unusually large amount - 1.5 percent - to . . .
By Michael Bowman
European central banks have again cut interest rates to lessen the blow of what many experts say will be a deep economic recession. VOA's Michael Bowman reports from Washington, where U.S. economic statistics released Thursday pointed to a dramatic economic slowdown.
The Bank of England slashed its key interest rate by an unusually large amount - 1.5 percent - to . . .