ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, …
Read More »BOE rate-hike forecasts dumped as growth shock proves last straw
Bloomberg Economists abandoned predictions that the Bank of England (BoE) will increase interest rates next month after two weeks of disappointing data and the public doubts of Mark Carney. The shock near-stagnation of the economy proved the final straw after the BOE governor raised questions about such a move last week. Firms including NatWest Markets, SEB, Berenberg and ING have …
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