- BoE's chief economist Haldane: None of the conditions for negative rates have been satisfied
Market news
30 September 2020
BoE's chief economist Haldane: None of the conditions for negative rates have been satisfied
- Any decision on negative rates would depend on cost-benefit analysis
- Work on negative rates likely to take months
- Commentators have interpreted the start of work on negative rates as conveying signal about likelihood of introducing them in near-term; BoE minutes contained no such signal
- BoE committed to keep borrowing costs at extraordinary low levels
- Economy has recovered faster than anyone expected
- Positive news have received less attention than it deserves
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page