BoE cuts interest rate to a record-low 0.25%
The Bank of England has cut its key interest rate by 25 basis points to a record-low 0.25%, moving to cushion the blow of the UK’s planned withdrawal from the EU. The central bank says […]
The Bank of England has cut its key interest rate by 25 basis points to a record-low 0.25%, moving to cushion the blow of the UK’s planned withdrawal from the EU. The central bank says […]
HSBC posted a sharp 29% drop in first-half profit from a year before, citing a decline in activity, “spikes of uncertainty” associated with China’s slowing economy and questions arising from Brexit. The bank plans a […]
The 0.5% acceleration in Britain’s economic growth in the second quarter, coming after three years of steady increases in GDP, will be the last economic expansion the UK will see before shifting into decline for […]
The European Central Bank was unsparing as it noted developing downside risks to the eurozone’s economy, but it kept rates steady at its meeting Thursday. President Mario Draghi noted Brexit’s risk and slowing growth in […]
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