rate-cutting
noun [ U ]
ukus ECONOMICS, BANKING
a decision by a central bank to reduce its main interest rate, usually to influence rates charged by other financial institutions:
Despite all the Fed's rate-cutting, mortgage rates still rose.
| 单词 | rate-cutting |
| 释义 | rate-cutting noun [ U ] ukus ECONOMICS, BANKING a decision by a central bank to reduce its main interest rate, usually to influence rates charged by other financial institutions: Despite all the Fed's rate-cutting, mortgage rates still rose. |
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