{"id":165338,"date":"2020-10-20T15:50:12","date_gmt":"2020-10-20T13:50:12","guid":{"rendered":"https:\/\/theworldwidejournal.com\/2020\/10\/20\/bank-of-england-policymaker-backs-negative-interest-rates\/"},"modified":"2020-10-20T15:50:12","modified_gmt":"2020-10-20T13:50:12","slug":"bank-of-england-policymaker-backs-negative-interest-rates","status":"publish","type":"post","link":"https:\/\/theworldwidejournal.com\/?p=165338","title":{"rendered":"Bank of England policymaker backs negative interest rates"},"content":{"rendered":"<p>Gertjan Vlieghe says the surge in Covid cases means the Bank will need a range of measures Negative interest rates in the UK edged closer on Monday after a Bank of England policymaker warned the central bank would need extra firepower to boost the economy following the surge in Covid-19 cases.In a gloomy assessment of the next few months, Gertjan Vlieghe, who sits on the monetary policy committee, the bank\u2019s interest rate setting body, said the second wave of Covid-19 was holding back consumer spending and suppressing business investment, which would push unemployment higher. Continue reading&#8230;<br \/>\nVia: <a href=\"https:\/\/www.theguardian.com\/business\/2020\/oct\/20\/bank-of-england-negative-interest-rates-gertjan-vlieghe-covid\" target=\"_blank\">Bank of England policymaker backs negative interest rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gertjan Vlieghe says the surge in Covid cases means the Bank will need a range of measures Negative interest rates in the UK edged closer on Monday after a Bank of England policymaker warned the central bank would need extra firepower to boost the economy following the surge in Covid-19 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-165338","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/165338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=165338"}],"version-history":[{"count":0,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/165338\/revisions"}],"wp:attachment":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=165338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=165338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=165338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}