Expect 'forceful action' in August: Industry reacts as BoE holds rates at 0.5%

No change to QE programme

Daniel Flynn
clock • 6 min read

Fund managers have warned investors to expect "forceful action" from the Bank of England in August after it held interest rates at 0.5% today, as well as criticising governor Mark Carney for wrong-footing markets by raising expectations of an immediate post-Brexit rate cut.

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