BOE now says that the interest rate could move "in either direction"

Market news

3 November 2016

BOE now says that the interest rate could move "in either direction"

According to Dow Jones, BOE delivered a big surprise by backing away from an earlier signal that it was likely to cut its key interest rate for a second time in the wake of the June vote to leave the European Union. Instead, the BOE now says that the interest rate could move "in either direction"

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