The Sunday Times economics column appeals to the “Old Lady of Threadneedle Street”, AKA the Bank of England, to cut rates by 100 bp on Thursday to try and stave off a deep recession. A more modest 50 bp cut is expected by the market.
The Sunday Times economics column appeals to the “Old Lady of Threadneedle Street”, AKA the Bank of England, to cut rates by 100 bp on Thursday to try and stave off a deep recession. A more modest 50 bp cut is expected by the market.
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