Sunday, July 10, 2016
"The Bank of England is poised to slash interest rates to close to zero this week as fears mount over a Brexit-induced recession. Economists believe the Monetary Policy Committee (MPC) will cut rates to a new low of just 0.25pc on Thursday, while markets have priced in a 75pc chance of more easing." It's a funny old world. Could have sworn Carney was muttering about rate rises if we voted for Brexit.