The bank cut its benchmark rate to 0.75 percent from 1 percent, perhaps its most aggressive move yet to unblock the flow of credit and prevent further decline of the euro zone crisis.
By MELISSA EDDY and JACK EWING, New York Times
Thu, 07/05/2012 - 7:04am
The bank cut its benchmark rate to 0.75 percent from 1 percent, perhaps its most aggressive move yet to unblock the flow of credit and prevent further decline of the euro zone crisis.