Economics

BOE Rate Cut Prospects Rise After Carney, Tenreyro Comments

  • Tenreyro says she’s considering more stimulus in coming months
  • BOE has 250 basis points of additional space, Carney said
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Bank of England policy maker Silvana Tenreyro said she may support an interest-rate cut in the next few months, another sign that policy easing could happen sooner rather than later after Governor Mark Carney discussed the possibility a day earlier.