Europe

Economists Say BOE's Possible Rate Cut Won't Offset All Brexit Ills

The Bank of England is expected on Thursday to cut its benchmark interest rate to a new low, or at the least send a strong signal that a cut is imminent, in a further step aimed at cushioning the U.K. economy after voters' decision to exit the European Union.

Bank of England's Carney Hints Again at More Stimulus

Bank of England Governor Mark Carney said on Tuesday that the expected hit to Britain's economy from last month's decision by voters to leave the European Union could prompt the Bank to provide more stimulus.

Bank of England's Carney Hints Again at More Stimulus

Bank of England Governor Mark Carney said on Tuesday that the expected hit to Britain's economy from last month's decision by voters to leave the European Union could prompt the Bank to provide more stimulus.