Reasons to Expect a BOE Rate Cut Thursday
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 in coming days address lawmakers in parliament and oversee the central bank’s first interest-rate decision since the Brexit vote. HSBC Head of Global Equity Strategy Robert Parkes discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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U.K.'s May Calls for Two-Year Brexit Transition Period
07:43 - U.K. Prime Minister Theresa May speaks in Florence, Italy on the need for a period of implementation after the nation leaves the European Union. (Source: Bloomberg)