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The Bank Of England Delivers And Cable Drops

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Bank of England did as expected (although maybe one month later) and cut its official interest rate 25bps from 0.50% to 0.25%. The lowest level in it's entire 322 year history. GBP Official Bank Rate: 0.25% v 0.25% expected and 0.50% previous. GBP MPC Official Bank Rate Votes: 0-9-0[​IMG]

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