Wednesday, October 28, 2020

Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are...

The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K....

Bank of England Governor Still Isn’t a Fan of Bitcoin

While central banks are embracing digital currencies, they still aren’t a fan of Bitcoin and other cryptocurrencies. The Bank of England’s recently-instated governor made...

UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England

The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept...

UK Mulls Over Negative Interest Rates, US to Keep Near Zero Rates for Years

The Bank of England is now seriously considering implementing negative interest rates while the U.S. Federal Reserve has pledged to keep interest rates near...
451FansLike