Well, The Bank and the Fed decided to keep rates as they were. I guess you really can't go lower than low. It's already at .5% for the BOE and the Fed will stay between 0 to .25%.
The thing is, there is no job creation. Unemployment crept up in the US for a dramatic July and in England, the job numbers have been eerily silent. But, my folks over there say that it's not any better.....
BOE MPC minutes
FED FOMC Press Release
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