Bank governor dismisses setting negative interest rates even in the event of an economic downturn. The Bank of England could cut interest rates to zero, but will seek to avoid following Sweden, Denmark and the eurozone by setting negative rates...
The U.S. dollar's retreat spells relief for multinationals. For a year and a half, the two most commonly cited headwinds facing blue-chip U.S. companies have been low oil prices and a soaring currency. While the first has yet to fully dissipate, foreign exchange...
