Investors Boost Bets BOE Will Cut Rates
Mark Carney’s third week managing Britain’s response to the economic shock of Brexit is about to begin. With U.K. politics in disarray after the nation opted to split from the European Union, the Bank of England governor has been leading the charge in offering stability. After boosting liquidity, freeing banks to lend more and signaling a willingness to loosen monetary policy, Carney will spend the coming days addressing lawmakers in parliament and overseeing the central bank’s first interest-rate decision since the Brexit vote. CIBC Head of FX Strategy Jeremy Stretch discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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U.K.'s Blair Puts Brexit Reversal Chance at 30%
26:54 - Former U.K. Prime Minister Tony Blair talks about the prospect of a reversal of the U.K.'s decision to leave the European Union. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)