British Pound - Bank of England Unexpectedly Slashes Bank Rate By 150bps To 3.00%, Lowest Since 1955

British Pound - Bank of England Unexpectedly Slashes Bank Rate By 150bps To 3.00%, Lowest Since 1955

Published by DavidWaring
11-06-2008

British Pound - Bank of England Unexpectedly Slashes Bank Rate By 150bps To 3.00%, Lowest Since 1955

British Pound - Bank of England Unexpectedly Slashes Bank Rate By 150bps To 3.00%, Lowest Since 1955

At 7:00 ET on Thursday, the Bank of England (BOE) unexpectedly slashed rates by 150 basis points to bring the UK Bank Rate down to 3.00 percent, the lowest...

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