An U.S. interest rate hike could provoke a new crisis for the BOE

InShot_20160719_161427When the drugs stop working, try a different one or increase the dose. Most central bankers are well aware that their black bag of monetary medicine is running short of remedies to overcome the continuing aftershocks of the 2008 crash.Brexit is the latest seismic convulsion. And the Bank of England duly handed out the financial…

via An U.S. interest rate hike could provoke a new crisis for the BOE — Currency News Trading

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