Express
BoE Cuts Interest Rates By 50 Basis Points To Fight COVID-19
Summary: According to news from cls.cn on March 11, the Bank of England (BoE) unanimously agreed to cut the interest rate by 50 basis points to fight the COVID-19. After the news was announced, the British pound fell nearly 80 points against the US dollar in the short-term, and the British FTSE 100 index futures changed ...
According to news from cls.cn on March 11, the Bank of England (BoE) unanimously agreed to cut the interest rate by 50 basis points to fight the COVID-19. After the news was announced, the British pound fell nearly 80 points against the US dollar in the short-term, and the British FTSE 100 index futures changed from falling to rising.
The Bank of England will announce the minutes of the monetary policy meeting at 12:00 UTC on March 13.
Tracy Chen
Tags: BoE,Coronavirus,COVID-19,Interest Rates
Link: BoE Cuts Interest Rates By 50 Basis Points To Fight COVID-19 [Copy]
