Reuters UK - Lunch Break News: Case grows for more Bank stimulus but not yet
LATEST NEWS Case grows for more Bank stimulus but not yet LONDON (Reuters) - The Bank of England will keep interest rates ultra-low for a 30th month at a meeting on Thursday but it would be a shock if it took further steps to stimulate growth, despite the growing risk of another recession. | Full Article ECB to signal change in policy tack 08 SEP 2011 10:41 BST FRANKFURT (Reuters) - The European Central Bank is expected to signal a change in policy direction on Thursday, halting an interest-rate rise cycle just five months after it started as the euro zone debt crisis weighs on the economy. | Full Article China to support London as offshore yuan centre 08 SEP 2011 10:50 BST LONDON (Reuters) - China will give its formal support for London to become an offshore trading centre for the yuan, a UK government official told Reuters on Thursday, a move that would boost the city's position as a major currency and commodities trading hub. |