• Fitch forecast: Bank of England will lower rates by 0.25% by year-end

Market news

29 June 2016

Fitch forecast: Bank of England will lower rates by 0.25% by year-end

US ratings agency out with a client note 29 June 2016

- UK to face large investment shock post-Brexit.

- 2017 & 2018 GDP to fall to around 1%.

- uncertainty to prompt firms to delay investment, hiring decisions.

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