Fed Cuts Rates and Bank of England Looks Like Following Suit

Yesterday the Fed cut rates by 0.5%, and it looks like the Bank of England are preparing for a rate cut this week as well.

Strong hints from BoE: Bank of England prepared to cut interest rates to soften impact of Coronavirus https://t.co/qhYxGNErXq via @financialtimes https://t.co/V6hTzBZMfd

— George Bull (@GeorgeBull_) March 4, 2020

As per Nomura

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