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key interest rateABC News
•87% Informative
The Czech Republic’s central bank has cut its key interest rate for the sixth time in a row.
Central banks around the world are leaning toward lowering borrowing costs as they judge whether toxic inflation has been sufficiently tamed.
The bank started to trim borrowing costs by a quarter -point on Dec. 21 , the first cut since June 22, 2022 .
The size of the Czech economy was up 0.4% up year-on-year in the second quarter of 2024 .
VR Score
95
Informative language
98
Neutral language
47
Article tone
formal
Language
English
Language complexity
43
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
1
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