Bank of England Holds Base Rate at 0.75% But Saunders and Haskell Voted for Cut

Helmholtz Watson

BOE Carney press conference … rolls on

Global growth as well below trend, we are close to where we moved to something that starts to feel like a recession
There our growing questions whether some global supply chains are sustainable given trade tensions
all forms of protectionism are becoming more pervasive persistent and damaging than expected a few years ago
over time trade concerns can reduce global supply capacity and growth
on balance we think world economy is stabilizing