France cuts bank rate
(N.Z.P. A.-Reuter—Copyright) PARIS, September 5. The Bank of France has cut the bank rate by one and a half points to eight’ per cent, indicating that) other interest rates are 11 likely to fall. The cut in the bank rate’l — one of the highest ini' Europe — is part of a plan \ 1 to give a boost to France’s i’ fo gging economy 7 and cutH unemployment bv easing; credit, ' |:
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Bibliographic details
Press, Volume CXV, Issue 33941, 6 September 1975, Page 15
Word Count
73France cuts bank rate Press, Volume CXV, Issue 33941, 6 September 1975, Page 15
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