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Bank of England eyes sub-zero rates in face of virus, Brexit - Black News Channel

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By PAN PYLAS Associated Press LONDON (AP) — The Bank of England indicated Thursday that it could cut interest rates below zero for the first time in its 326-year history as it tries to shore up a U.K. economic recovery that is facing the dual headwinds of the coronavirus and Brexit. After unanimously deciding to maintain the bank's main interest rate at the record low of 0.1%, the nine-member rate-setting Monetary Policy Committee said it had discussed its 'policy toolkit, and the effectiveness of negative policy rates in particular.' In minutes accompanying the decision, the rate-setters said a recent wave […]

The post Bank of England eyes sub-zero rates in face of virus, Brexit appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

African American Facts

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  • Rapier, James Thomas (1837-1883)
  • Nicomedes Santa Cruz: A Black Public Intellectual in Twentieth-Century Peru
  • Hastie, William Henry (1904-1976)
  • Bowie State University (1865- )
  • (1901) Congressman George H. White's Farewell Address To Congress
  • Alice Childress becomes the first African American woman to receive an Obie Awar
  • Back-to-Africa movement
  • (1898) Alexander Crummell, “The Attitude of the American Mind Toward the Negro Intellect,”
  • History of Black Civil Rights in America

Women Facts

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  • May 21, 2020
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  • Women More Likely to Face Housing Insecurity in Pandemic-Led Recession | The Orlando Advocate
  • R&B fusion artist, physician and musician V. Tiarra releases ‘Digital Love’ - North Dallas Gazette
  • Beyoncés Powerful Graduation Speech About Black Lives, Sexism Is One We All Need To Hear
  • Kamala Harris's iconic journey to be showcased in upcoming comic book - African American News Today - EIN News
  • Black Women Unite
  • Women at the centre of the food cycle - webinar on food security post-Covid-19 | News24
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