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CENTRAL BANKS STRATEGIES IN THE WORLD.

LAST WEEK MAJOR CENTRAL BANKS TRIED TO HELP STALLING ECONOMIES.

IN KOREA, THE BANK OF KOREA LOWERED ITS KEY INTEREST RATE FOR THE VERY FIRST TIME IN 3 YEARS.

IN BRAZIL, THE CENTRAL BANK CUT ALSO THE SELIC RATE.

IN EUROPE, THE ECB DID THE SAME.

SAME EXACT MEASURES WERE TAKEN IN THE UK WHERE THE BANK OF ENGLAND ANNOUNCED MORE ASSET PURCHASES WHILE IN CHINA, THE CHINA’S CENTRAL BANK ALSO ACTED, CUTTING INTEREST RATES FOR THE SECOND TIME IN A MONTH.

SOURCE : CNN, FT, THE ECONOMIST, WSJ.

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