Rate cut and stimulus measures mark BoE's 'whatever it takes' moment - BBA

The British Bankers Association said Thursday's rate cut and economic stimulus measures mark the Bank of England's 'whatever it takes' moment, as it seeks to jumpstart a UK economy rattled by post-Brexit recession fears. In a statement issued shortly after the UK central bank led by Mark Carney cut rates by 25 basis points to a record low 0.25 percent, the lobby group said the decision to cut sent a "clear signal" that policymakers were ready to use all available tools to support individuals and