Third Bank executive hints at rate cut possibility
Image copyright Bank of England
Another Bank of England policy setter has floated the idea of cutting the central bank’s main interest rate.
The rate is used by banks and other lenders who set borrowing costs.
It affects everything from mortgages to business loans and thus has a big effect on peoples’ and firms’ finances.
Gertjan Vlieghe told the Financial Timeshe will consider voting for a…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.