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Thursday, February 5, 2015

12 central banks have already cut rates this year - Feb. 5, 2015

At least 12 central banks have cut interest rates since the start of the year, signaling just how fragile the global economy is right now.



The move to make money even cheaper is sweeping across emerging markets and the developed world. Central banks representing roughly 60% of the global economy are cutting rates, or using other tools to pump more cash into the system.



12 central banks have already cut rates this year - Feb. 5, 2015

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