Interest rate cut expected
July 14, 2016
According to most recent press reports the majority of experts expect an interest rate cut today following the meeting by the Bank of England (BoE) policy committee.
It is also expected that the (BoE) may also restart quantitative easing, in addition to or instead of a rate cut.
An interest rate cut of 0.25% would see the end of the historic seven-year low.
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