Wednesday , April 8 2020

Tag Archives: bank

Pound US dollar exchange rate sinks as the Bank of England hints at interest rate cut | City & Business | Finance

Mr Carney was notably dovish in today’s speech, saying: “There are downside risks from global growth and the possibility that uncertainties over future trading relationships could remain entrenched. With the relatively limited space to cut Bank Rate, if evidence builds that the weakness in activity could persist, risk management considerations would …

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