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German central bank slightly lowers growth outlook

Germany's central bank is slightly lowering its growth forecast for this year but is maintaining its expectation of a robust expansion in 2014.

German central bank: Economy to improve 'markedly'

Germany's central bank says the country's economy will improve "markedly" in the second quarter - a development that could boost the struggling eurozone.

SKorea's central bank cuts key rate to 2.5 percent

"South Korea's economy will continue to improve at a moderate pace but the possibility of a further slide in the yen is a risk that could hurt growth, the central bank said in a statement.

New Zealand's central bank intervenes in currency

The New Zealand Herald newspaper reports that Reserve Bank Governor Graeme Wheeler told a parliamentary committee Wednesday it had intervened recently.

Australia's central bank cuts rate to 2.75 percent

Australia's central bank has cut its key interest rate by a quarter of a percentage point to a record low 2.75 percent in an effort to boost economic growth.

India cuts interest rate again to revive growth

India's central bank says anything above 2.5 percent of GDP is unsustainable.

Credit-easing steps by central banks, at a glance

Here is a look at what the ECB and other central banks have done to support growth and make borrowing easier.- BANK OF JAPANInterest rates: Has kept its benchmark interest rate at zero to 0.1...

Cypriot banks to remain closed until Thursday

Aliki Stylianou, a spokeswoman for Cyprus' central bank, says Monday's bank holiday has been extended by two days.

News Summary: German central bank: Crisis not over

News Summary: German central bank: Crisis not over

German central bank: Crisis not over yet

He urged faster reforms at the European level and in the financially troubled countries, saying "only governments, and not the central bank system" can solve the crisis.

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