The Bank of England asks UK banks how ready they are for negative interest rates
Published
"We are requesting specific information about your firm's current readiness to deal with a zero Bank Rate," the bank's deputy governor, wrote.
Full ArticlePublished
"We are requesting specific information about your firm's current readiness to deal with a zero Bank Rate," the bank's deputy governor, wrote.
Full ArticleBy Chan Kung and Wei Hongxu*
As the COVID-19 pandemic continues to spread, the Federal Reserve is widely expected to..
LONDON (AP) — The Bank of England has asked commercial banks whether they are ready for negative interest rates, signaling that..
Banks should provide details on how they would cope if interest rates were cut to zero or even turned negative, the Bank of England..