BoE Leaves Interest Rates On Hold At 0.75% As Brexit Uncertainty Continues


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The Bank of England policymakers have voted 9-0 to hold bank rate at 0.75% as Brexit uncertainty continues.

“Absent currency or balance of payments crisis, we just don’t see the Bank of England even considering raising rates anytime soon,”said Artur Baluszynski, head of research at Henderson Rowe in a emailed statement.

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“Cuts are increasingly likely due to the prolonged uncertainty around Brexit. In fact, considering how sensitive the UK banking system is to softening house prices, we wouldn't be surprised if the Bank of England gets ahead of the curve.”

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27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: NewsEurozoneMarketsArtur BaluszynskiBank Of EnglandBrexit