Ep 35: Take It To The Bank

What’s Going On Here? The Bank of England (BoE) followed its US counterpart in keeping the UK’s interest rates unchanged. But despite lowering its economic growth forecast, it may still increase rates later this year. What Does This Mean? The UK’s central bank now think the country’s economy won’t grow at all this quarter (compared with its 0.2% growth prediction in March). A still-uncertain Brexit…