Bank of England’s Stimulus: Winners and Losers
- Stocks, builders, gilts lifted by easier monetary policy
- Pound, savers suffer from record-low interest rate of 0.25%
Breaking Down the BOE's Policy Decision
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Bank of England Governor Mark Carney and fellow policy makers delivered a salvo of monetary stimulus, cutting their benchmark interest rate to a record low of 0.25 percent and promising to buy more government and corporate bonds. Below are some of the winners and losers of the decision.
1) Stocks