BoE rate cut expectations to increase (and gold long update from last week)
Summary
By sueyangfx.com September 22, 2020 at 07:09AM COVID-19 cases rise Last week the BoE revealed negative rates are now under consideration which opened up immediate GBP selling. Although the interest rates were kept unchanged at 0.10% it was the headline […]
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September 22, 2020 at 07:09AM
COVID-19 cases rise
Last week the BoE revealed negative rates are now under consideration which opened up immediate GBP selling. Although the interest rates were kept unchanged at 0.10% it was the headline that the Bank of England said the MPC had been briefed on the BoE’s plans to explore how a negative bank rate could