Economics

Two BOE Members Unexpectedly Vote for Rate Cut as Outlook Sours

  • Saunders, Haskel vote for easing on global, Brexit concerns
  • Minutes signal a further deterioration could prompt loosening
BOE’s Carney Says Risks to Forecast Are Skewed to the Downside
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The Bank of England is growing increasingly concerned about Brexit uncertainty and the global slowdown, pushing two policy makers to unexpectedly vote for an interest rate cut.