The nine-member MPC voted by a majority of 5–4 to reduce the key interest rate, the "Bank Rate," by 25 basis points rather than keeping it on hold. The voting is a reflection of the "finely balanced ...
(Bloomberg) -- A spell of global interest-rate divergence is in store as central banks feel their way through the economic fog stoked by Donald Trump’s second year at the White House. The cycle of ...
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