FILE PHOTO: Police officers are seen in Waterloo station during the morning rush hour following the outbreak of the coronavirus disease , London, Britain, May 19, 2020. REUTERS/Toby Melville/File Photo
But the recovery will be stronger than previously thought and growth will soar to 11.9% next quarter assuming at least some lockdown measures are lifted. Further clouding the near-term outlook, Britain’s transition period after leaving the European Union is due to expire at the end of December. Despite the coronavirus pandemic, Britain has said it will not ask for an extension.
“I do not think that either side is even thinking about services — they have enough trouble with the goods part,” said Peter Dixon at Commerzbank.To support the economy, the BoE has slashed its main interest rate to a record-low 0.10% and reinvigorated its quantitative easing programme, expanding its firepower to around 645 billion pounds in March. The poll said another 80 billion pound increase would be announced on June 18.
Source: Loan Digest (loandigest.net)
Now tell us all which European country has not been financially effected so bad since WW11 ? When putting this crap out remember it’s been a global disaster caused by one country that everyone is scared to investigate 🤷🏻♂️
Not good.
Fucked by the Democrats in a completely different country. Poor bastards
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Britain borrows at negative interest rate for first timeBritain sold a government bond with a negative yield for the first time on Wednesday, meaning the state is effectively being rewarded to borrow as investors agree to be repaid slightly less than they lent. u.s. is next I'm the first to admit I'm no economist, but how does that work. Does the lender pay you interest rather then the borrower paying interest? ja maar brexit dan, die mensen in britain gaan toch allemaal dood van de honger en oorlog? nexit EU euro d66
Source: Reuters - 🏆 2. / 97 Read more »
Hungary central bank to leave rates steady after QE slashes long yields: Reuters pollThe National Bank of Hungary (NBH) will leave key interest rates unchanged next Tuesday, economists said in a Reuters poll, after government bond purchases launched this month sent longer yields plunging.
Source: Reuters - 🏆 2. / 97 Read more »
Exclusive: A quarter of Americans are hesitant about a coronavirus vaccine - Reuters/Ipsos pollA quarter of Americans have little or no interest in taking a coronavirus vaccine, a Reuters/Ipsos poll published on Thursday found, with some voicing concern that the record pace at which vaccine candidates are being developed could compromise safety. Well one ain’t coming. Stop worrying. or 3/4 are in favor?
Source: Reuters - 🏆 2. / 97 Read more »
Divided by COVID-19: Democratic U.S. areas hit three times as hard as Republican onesAs America's response to the coronavirus pandemic splits along partisan lines, a Reuters analysis may help explain why: Death rates in Democratic areas are triple those in Republican ones. They're called cities. NURSING HOMES IN NY and NJ I’m sure in the cognitive gymnastics of the Democrats, it’s Trump’s fault. “Orange man bad, mmmkay.”
Source: Reuters - 🏆 2. / 97 Read more »
Biden’s Lead Grows Slightly As Trump’s Approval Crashes In PollsA new Quinnipiac poll showed former Vice President Joe Biden’s lead over President Trump growing several points since April by AndrewSolender AndrewSolender BS AndrewSolender Lol. Never gonna happen. The orange man is here to stay as long as Biden is his opponent. $500 bet to anyone who thinks otherwise AndrewSolender I don’t like Trump at all, but even I know this is just as true as Hillary having had a 99% chance to win 2016. Imma press that X button rapidly. Lmfao
Source: Forbes - 🏆 394. / 53 Read more »
Negative rates would trigger UK banking rollupBritish rate-setters including BoE Chief Economist Andy Haldane are contemplating taking policy rates below zero. Bank margins would suffer, but big ones like Barclays have more fee income to rely on. Stragglers like Virgin Money and Metro may have to put themselves up for sale.
Source: Breakingviews - 🏆 470. / 51 Read more »