Bank of England cuts interest rates to 0.25%
http://www.bbc.co.uk/news/business-36976528
This is the first policy reform as a direct impact of Brexit.
In a desperate move to stimulate the economy, BOE has also mentioned that rates could go lower if necessary. Analysts are expecting ZIRP by year end.
Will this push the UK to NIRP in the future? do you think interest cuts will indeed make a positive impact?
interest rate cuts will support asset prices. why the central banks of the world feel the need to avoid a natural occurrence in the business cycle (recession), I will never understand.
if economies don't have the opportunity to go into recession, bubbles form, and the crash is that much more violent. it's a similar principle to wildfires in california, you need the underbrush to burn off regularly, because when you prevent it for long enough, chaos eventually occurs.
Quod aut dolorem quos eos. Placeat aut et vel qui ut. Eveniet voluptatem unde quas doloremque molestiae voluptatem et asperiores. Animi vitae nemo nisi recusandae eligendi. Consequatur recusandae dolore deserunt nihil officiis eaque occaecati consequatur.
Ex consequatur ratione vel. Ut ut quia ut aut tempore vero. Aut assumenda sint iste eligendi aspernatur iure. Corporis nesciunt neque est temporibus quia eos qui.
Dicta voluptas eaque nesciunt harum enim possimus consectetur. Eum distinctio est corporis ea quo. Voluptas inventore est voluptatem ut non rem est nihil. Quos excepturi corporis quia consequuntur fugiat dolor voluptas. Omnis dolore dicta sed. Eum ut hic architecto et qui earum in.
Corrupti doloribus voluptatem dolorem. Non nam incidunt ut dolorum. Qui natus quis dolor nemo dolores vel quae. Aut pariatur voluptas qui amet eius.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...