China's central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish spending and kickstart the world's second-largest economy.

In Europe, where inflation has cooled sharply, the economy is weak and could use a boost. The area is vulnerable to the conflicts around it.

European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target

Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after figure

Chile's central bank on Thursday said it was cutting its benchmark interest rate to 5.25% from a previous level of 5.50%, in a unanimous decision in line with analysts forecasts. The bank said that if the economic scenario envisaged in its September report materialize,

The bank’s rate-setting council said the "disinflationary process is well on track.”

The ECB said inflation was under control - having fallen sharply following a painful spike in the wake of Covid lockdowns and the invasion of Ukraine.

The European Central Bank (ECB) on Thursday cut its key interest rate by 0.25 percentage points, as inflation in the eurozone fell to its lowest level since early 2021. The deposit facility rate - the interest that banks receive for parking funds at the ECB - now stands at 3.