Onto questions Q: Are UK interest rates now as low as they can go? No, Mark Carney replies. There is room for interest rates to be cut further, to just above zero.
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RT : Bank of England says emergency rate cut will protect firms and jobs - business live
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Bank of England emergency interest rate cut to protect UK economy from coronavirus - business liveUK central bank has cut Bank Rate to just 0.25%, to respond to the economic shock from Covid-19 👏👏👏 Good but not sure it will make much difference to most This is worrisome... At this early stage ..Govt have to do this... can't imagine this continues for next three months coronavirus
Source: The Guardian - 🏆 84. / 53 Read more »
Bank of England emergency interest rate cut to protect UK economy from coronavirus - business liveUK central bank has cut Bank Rate to just 0.25%, to respond to the economic shock from Covid-19 👏👏👏 Good but not sure it will make much difference to most This is worrisome... At this early stage ..Govt have to do this... can't imagine this continues for next three months coronavirus
Source: The Guardian - 🏆 84. / 53 Read more »