Global markets respond to historic rate cuts
The financial markets open just as the Bank of England and the European Central Bank dramatically slash rates.
“Politically, nobody wants to say that; it’s very much the agenda that politicians say that banks should be passing on the full cut to their customers, but actually there’s a good case for saying maybe not quite all of it should be going on.”
? Andrew Walker on the BOE rate cut
The story you just read is available for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll get us one step closer to our goal of raising $25,000 by June 14. We need your help now more than ever!