Bank of England rate cut hangs in balance as Carney bows out
Share:
LONDON (Reuters) - The Bank of England is closer to cutting interest rates next week than at any time in the last three years, as governor Mark Carney chairs his last policy meeting and Britain finally leaves the European Union.Growth at the tail end of 2019 slowed to its weakest since 2012, prompting Carney and two other policymakers to speak publicly about the possibility of a rate cut, adding their voices to two others who had already voted for looser policy.But there has been a bounce in..