Bank of England cuts bank rate to 0.25% from 0.75%
The Bank of England cut its benchmark interest rate in a move aimed at cushioning the U.K. economy from the impact of the coronavirus. At a special meeting of its policy committees Tuesday, officials agreed to cut the BOE’s benchmark rate to 0.
25% from 0.75%, the central bank said Wednesday.Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Coronavirus: Bank of England cuts interest rates to protect UK economy - Business InsiderThe Bank of England has slashed interest rates to 0.25% in an emergency move to protect the UK economy from the coronavirus outbreak
Les mer »
Bank of England cuts rates to historic lows in coronavirus response - Business InsiderThe announcement was made Wednesday morning, just over a week after the US Federal Reserve did the same.
Les mer »
Bank of England Cuts Interest Rates in Emergency Move to Combat Coronavirus CrisisThe Bank of England has cut interest rates in an emergency move to shore up the U.K. economy amid growing alarm over the coronavirus crisis. The Bank announced Wednesday morning it had reduced rate…
Les mer »
Bank of England cuts rates in emergency move to counter coronavirus impactThe central bank has also announced a new term-funding scheme to support small and medium-sized companies.
Les mer »
Bank of England's emergency rate cut could have 'limited impact' - Business Insider'The coronavirus has initially hit supply chains and interest-rate cuts will not change that,' one analyst said.
Les mer »
Ailing Chinese Bank Secures $1.7 Billion of New CapitalBank of Jinzhou, one of a handful of Chinese regional lenders that have run into trouble as the economy cools and Beijing tries to crack down on financial risk-taking, will sell $1.7 billion in new shares to two state-backed buyers.
Les mer »