Economics
Maradona’s World Cup Wonder Goal Still Inspires Debate About BOE Policy
- Saga of soul searching has convinced investors a cut may come
- Playbook from King’s 2005 speech might suggest otherwise
Diego Maradona’s second goal against England in the 1986 Mexico World Cup was voted the FIFA World Cup goal of the century.
Source: Getty Images
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The Bank of England talks so much about negative interest rates that it might avoid having to actually use them.
The institution’s public soul-searching ever since Governor Andrew Bailey first softened his opposition to subzero monetary policy in May is convincing some investors that officials aren’t bluffing about embracing it. Then again, creating that anticipation without enacting the measure could be just what they want.