BofE Rate Rise: The Unintended Trading Cost Consequences For Banks

Kerril Burke’s piece on consequences of the BoE interest rate increase,

“Does anyone long for a return to more benign economic times? A time when a rise in the base rate simply led to immediate benefits for savers. Well, get prepared for a continued long wait, as last week’s decision from the Bank of England’s (BofE) signals anything but a move to more conventional times.”

Click on the publishers to continue reading: IBS Intelligence or The Global Banking and Finance Review.

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