Bank of England cuts rates for first time since 2009, restarts bond purchases

(Source: http://www.channelnewsasia.com) LONDON: The Bank of England cut interest rates for the first time since 2009 on Thursday (Aug 4) and said it would buy 60 billion pounds of government debt to ease the blow from Britain’s June 23 vote to leave the European Union. The central bank said it expected the economy to stagnate for […]

http://kopitiambot.com/2016/08/04/bank-of-england-cuts-rates-for-first-time-since-2009-restarts-bond-purchases/

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