Bank of England cuts rates to 0.1%, ramps up bond-buying
Video Credit: Rumble - Duration: 00:55s - Published
Bank of England cuts rates to 0.1%, ramps up bond-buying
The Bank of England cut interest rates to 0.1% on Thursday, its second emergency rate cut in just over a week, and promised 200 billion pounds of bond purchases in a fresh attempt to shield Britain's economy from the coronavirus outbreak.
Englandโs chief medical officer Professor Chris Whitty said the vast majority of people in all age groups would recover but it was a mistake for young people who are healthy to think they would all..
Credit: PA - Press Association STUDIO Duration: 01:22Published
U.S. stocks suffered their biggest one-day drop Monday since the 1987 crash. As Fred Katayama reports, the Fed's emergency action fueled investor anxiety over a potential recession due to the..
U.S. stocks suffered their biggest one-day drop Monday since the 1987 crash. As Fred Katayama reports, the Fed's emergency action fueled investor anxiety over a potential recession due to the..
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