大牛,这个80% odds# Stock
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2. BoE rate decision on tap
The Bank of England (BoE) was set to announce its monetary policy decision
at 11:00AM GMT, or 7:00AM ET, on Thursday.
Markets placed odds at 80% that the BoE would embark on a 25 basis point cut
in the interest rate to new record low, its first reduction in seven years,
in order to stabilize the British economy in the aftermath of the Brexit,
as the U.K.’s decision to leave the European Union is known.
The Bank of England (BoE) was set to announce its monetary policy decision
at 11:00AM GMT, or 7:00AM ET, on Thursday.
Markets placed odds at 80% that the BoE would embark on a 25 basis point cut
in the interest rate to new record low, its first reduction in seven years,
in order to stabilize the British economy in the aftermath of the Brexit,
as the U.K.’s decision to leave the European Union is known.