BoE Warns Of Worst Economic Slump In 300 Years
May 7th 2020 8:23am EDT
BoE Warns Of Worst Economic Slump In 300 Years The Bank of England’s Monetary Policy Committee (MPC) “voted unanimously” to keep the banking rate at 0.1% and left its bond-buying program unchanged despite the country’s worst economic slump in 300 years, caused by coronavirus lockdowns. MPC voted 7-2 to leave its bond-buying program unchanged at £645 billion. Two of its […]
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