Will The Bank Of England Become The 55th Central Bank To Cut Rates Since 2014?

Jon Alternative Media, Banking, Blogosphere, Economy, Fiscal Policies

Malayisa’s surprise rate-cut overnight made it the 54th central bank to ease policy since the beginning of last year. Will Carney make The Bank of England the 55th tomorrow?
As Reuters reports, interest rates have never been lower, monetary policy has never been looser.
A total of 54 central banks around the world have eased policy since the beginning of 2015 to boost growth, ward off deflation, or both.

This post was published at Zero Hedge on Jul 13, 2016.