Bank of England’s Cunliffe Says Need to Raise Interest Rates Has Receded

By Jason Douglas

Bank of England deputy governor for financial stability Jon Cunliffe
Bloomberg News

A senior Bank of England official said Tuesday the need to raise interest rates in the U.K. has receded, the latest sign that central bank officials are backing away from tightening policy until well into next year.

In a …read more

Source:: MoneyBeat

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