Negative rates – BROAD SPECTRUM

Stepping Through the Looking Glass: Bank of England Contemplates Negative Interest Rates

Andy Haldane, Bank of England Chief Economist has spoken publicly in the aftermath of the Bank’s latest despondent forecast, in which it predicts the deepest economic contraction in 300 years (-25%) and a sharp rise in the unemployment rate toward 9% (the highest since 1994). Mr Haldane says he fears the impact of the pandemicContinue reading “Stepping Through the Looking Glass: Bank of England Contemplates Negative Interest Rates”