This is a The Czech Republic’s news story, published by ABC News.
For more The Czech Republic’s news, you can click here:
more The Czech Republic’s newsFor more interest rates news, you can click here:
more interest rates newsFor more news from ABC News, you can click here:
more news from ABC NewsOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
Czech economy. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest key interest rate news, European Central Bank news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
interest rateABC News
•89% Informative
The Czech Republic’s central bank on Thursday cut its key interest rate for the fifth time in a row.
The cut brought the interest rate down by a half -percentage point, to 4.75% The bank started to trim borrowing costs by a quarter -point on Dec. 21 , the first cut since June 22, 2022 .
Central banks around the world are leaning toward lowering borrowing costs.
VR Score
97
Informative language
99
Neutral language
73
Article tone
formal
Language
English
Language complexity
40
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
1
Affiliate links
no affiliate links