DW Business July 14, 2024
Is taking its toll still the move caught investors off guard sending the new Zealand Dollar falling 2 percent. South koreas central bank has meanwhile said it stands ready to cut rates if needed. Cutting Interest Rates makes money cheaper to borrow ideally sending more of it circulating through the economy and boosting stagnant markets. But some analysts worry that cutting rates now to curb a slowdown leave Central Banks too little space to act in the event of a real economic crisis. But nations...
Source: archive.org