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Montevideo, November 4th 2024 - 18:13 UTC

 

 

Uncertainty and inflation expected to make Bank of England reverse monetary policy

Tuesday, October 31st 2017 - 07:58 UTC
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Bank of England is expected to reverse emergency action taken following the Brexit referendum, when it cut rates from 0.5% to 0.25% to avert a recession. While a slump has not materialized, the British economy appears in worse health than most other major countries, with potential to be blown further off course by faltering talks to leave the EU. Read full article

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  • Jolene

    The question is why is this piece appearing in Mercopenguin, a British government propaganda organ supposedly devoted to America, South America and the “South Atlantic”?

    Nov 03rd, 2017 - 02:42 am - Link - Report abuse 0

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