If No BOE Rate Hike Until 2018 Sounds Crazy, What About a Cut?

  • Markets have pushed back bets on first rate rise to 2Q 2018
  • Investors see growing possibility of looser monetary policy

Mark Carney.

Photographer: Luke MacGregor/Bloomberg

Here’s one question we never thought we’d ask in 2016: Is the Bank of England going to cut interest rates?

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