Sentence examples for cut benchmark from inspiring English sources

In June, China cut benchmark interest rates for the first time since 2008, and made a second rate cut last month.

This could indicate that "inflation concerns are cooling off," Mr. Shin said, which could enable the Federal Reserve to cut benchmark interest rates.

Last month, India's central bank cut benchmark interest rates for the first time since 2009 — by an unexpectedly large 0.5 percentage point, to 8 percent — on signs that the economy was slowing.

Two years ago, in the wake of a successful anti-car-theft drive in Houston and subsequent lobbying by the city's mayor the Texas Department of Insurance cut "benchmark" car-insurance rates by one-third.

The data also points up the quandary facing the Federal Reserve, which cut benchmark interest rates to support the weak economy at the risk of adding to price pressures.

The bank cut benchmark one-year lending and deposit rates by 27 basis points — to 5.31percentand2.25percentcent respectively — a far cry from its last move, when it slashed rates by 1.08 percentage points at the end of November.

The central bank had already cut the benchmark rate three times since Sept. 16 and the benchmark deposit rate twice, by 0.27 percentage points each time.

On Thursday, the E.C.B. is expected to cut its benchmark interest rate to 1 percent from 1.25 percent.

The European Central Bank cut its benchmark interest rate to a record low of 0.5 percent from 0.75 percent last week.

The central bank cut its "benchmark" deposit and lending rates to help stimulate the economy.

The bank could, for example, cut the benchmark interest rate to a record low.