Bank of England drops rate to 2%, ECB to 2.5%, Sweden to 2%
(Newser) -
The Bank of England cut interest rates a full 1% today to 2%, the lowest level since 1939, and the European Central Bank followed with a cut of 75 basis points, to 2.5%, the largest cut in its 10-year history, MarketWatch reports. Those moves came on the heels of...