Bank of England leaves rates unchanged: global outlook has become more fragile

Friday, December 16th 2016 - 10:44 UTC

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The Bank of England voted unanimously on Thursday to keep the UK's main interest rate at a record low of 0.25%, and anticipated that the next rate move could be in either direction. The last change was a rate cut in August, in the wake of the UK's vote to leave the EU. Read full article

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ChrisR
The cupid stunt of a Canuck just cannot help to bolster the pound, he has to lower it further.

If he has his way there will be stagflation before long.

Him and his “independent” rate setting committee need consigning to the EU where they belong.
Dec 17th, 2016 - 07:45 pm - Link - Report abuse -1
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