Bank of England, UK to signal more radical action against coronavirus slump

LONDON (Reuters) - The Bank of England is expected to say on Thursday that it is ready to take further radical action to prop up the economy and Britain’s finance minister will announce help for self-employed workers hit by the coronavirus shutdown.

The BoE, which has made two emergency cuts to interest rates this month, boosted its bond-buying programme by a further 9% of British economic output, and taken a string of other measures to help lending, is likely to hold off on...
source: Reuters

2020-03-26 11:47
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