Investors flocked to exchange-traded funds that track European stocks after the Bank of England dangled a carrot on the timing of future rate cuts while making no change at Thursday’s meeting.
“We need to see more evidence that inflation will stay low before we can cut interest rates, but I am optimistic things are moving in the right direction,” said Bank of England President Andrew
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased