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It tethered the main interest rate to zero.
Japan's central bank reduced its benchmark interest rate to zero for five years, from 2001 to 2006.
If the Bank of England slashed rates to zero, the mortgage cost drops to £636 a month.
— including the ones at Sinai-Grace Hospitsl — cut its quarterly infection rate to zero.
At the March meeting, the central bank cut its benchmark rate to zero from 0.05percentt.
They began by cutting interest rates to zero, and later introduced forward guidance, committing to keep policy rates at zero for a protracted period.
The ECB cut the deposit rate to zero, and all the money just moved to another account in the ECB.
This returned interest rates to zero, but with three important twists.
If forced, it could reduce short-term interest rates to zero and rescue 10 more financial giants.
See articleFeeling a bit deflatedSweden's central bank cut its main interest rate to zero.
Or My Mom Will Shoot once a week on government television has lowered the birth rate to zero.
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CEO of Professional Science Editing for Scientists @ prosciediting.com