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Podcast: Beyond Currency
Episode: 1 February 2021 - Negative rates now an unlikely addition to BoE’s weaponry
Description: "This week’s Bank of England Monetary Policy Committee meeting is unlikely to feature a rate cut into negative territory.
Such a radical move is not warranted currently since it could easily blow up in the face of the bank and exacerbate the economic recovery from the pandemic.
The UK’s post-Brexit trading position is gradually improving although a deal with the U.S. will probably take as long as several market professionals had warned.
There was news over the weekend that the UK is applying to join the Trans-Pacific trade group, consisting of 11 nations including Japan, Australia, Canada, and New...