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Montevideo, April 19th 2024 - 15:17 UTC

Stories for February 22nd 2021

  • Monday, February 22nd 2021 - 07:03 UTC

    Bank of England divided over the use of negative interest rates

    Gertjan Vlieghe, openly supported the use of negative interest rates if the U.K. needs more stimulus

    A member of Bank of England's Monetary Policy Committee, Gertjan Vlieghe, openly supported the use of negative interest rates if the U.K. needs more stimulus, while Deputy Governor Dave Ramsden said the bank still had scope for more quantitative easing. which has been a tried and tested policy.

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