BOE drops rate cut plans after Brexit hit to sterling
UK central bank ramps up its forecasts for growth and inflation in 2017
Fri, Nov 04, 2016 - 5:50 AM
THE Bank of England scrapped plans to cut interest rates and said they could move in either direction as it ramped up its forecasts for growth and inflation in 2017 following sterling's slide after the Brexit vote.
Sterling rose and British government bond prices fell...