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Bank of England’s Forbes sees no case for further rate cut

Top rate-setter opposes further interest rate cuts LONDON, Sept 22 (Reuters) – Bank of England policymaker Kristin Forbes said she did not yet see a case for a further interest rate cut to help Britain’s economy after June’s vote to leave the European Union, putting her at odds with the majority of her fellow rate-setters. Forbes, an external member […]

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ECB says China and Brexit pose risks to global growth

  Big emerging market economies and Britain’s decision to leave the EU set to affect global growth FRANKFURT, Sept 22 (Reuters) – Global growth is likely to accelerate next year but the outlook is fraught with risks, particularly from big emerging market economies including China, and Britain’s decision to leave the EU, the European Central […]