News and Announcements

BoE's Bailey says MPC did not signal rates were set to go negative

By Alexander Bueso

Date: Tuesday 22 Sep 2020

(Sharecast News) - Rate-setters in the Bank of England are not near cutting interest rates into negative territory nor signalling such a move.

In a webinar, Bank of England Governor, Andrew Bailey, said remarks in the minutes of the Monetary Policy Committee's last meeting had been exaggerated.

What policymakers...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page