You are here

POST-BREXIT

BOE surprises markets by holding rates, signals August loosening

BT_20160715_KVBOE15_2387277.jpg
The BOE said it was likely to deliver stimulus in three weeks' time, possibly as a "package of measures", once it has assessed how the June 23 referendum decision has affected the economy.

London

THE Bank of England kept interest rates unchanged on Thursday, wrong-footing many investors who had expected the first cut in more than seven years with Britain's economy reeling from last month's vote to leave the European Union.

The BOE said it was likely to deliver

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom