“The swap lines among these central banks are available standing facilities and serve as an important liquidity backstop to ease strains in global funding markets.”
Senate Intelligence Committee Chairman Richard Burr and Sen. Kelly Loeffler are facing calls to resign after potentially selling stocks based on privileged information. They deny the charges.
Platinum rose 4.6% to $615, having risen as much as 8.5% earlier. But the metal is still set to post its biggest ever weekly fall.
“If you’re still getting a paycheck, what’s the point of stopping contributions to get a little more cash? It’s not like your cost of living is going up — your mortgage and utilities, are, for the most part, still very close to amount you paid last month.”
The BoE’s Monetary Policy Committee voted unanimously for the cut to the benchmark rate — which had been slashed to 0.25% from 0.75% on March 11 — and to restart purchases of government bonds and corporate debt for the first time since 2016.
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