When London Sneezes, the World Rebalances: Global Ripples from the Bank of England’s Base Rate
On Threadneedle Street, a modest mahogany-paneled room in London still manages to jolt Tokyo pension funds, Nigerian importers, and Silicon Valley unicorns with the same flick of a decimal point. That room—home to the Bank of England’s Monetary Policy Committee—just nudged the base rate up (or down, or sideways; the gesture is almost beside the…