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Tuesday, September 22, 2020

Confusing Message from the Bank of England


Vantage Point Trading https://ift.tt/2RMufvw

Just when one thought that Brexit negotiations and the pandemic are enough for the United Kingdom to handle, the Bank of England (BOE) delivers an unusual message. Before anything, consider that this is one of the oldest central bank institutions in the world, very conservative and attentive with the way it sets and communicates monetary policy.
Last Thursday, the BOE announced its monetary policy and hinted at negative interest rates. In a way, it was…

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