Bank of England (BOE) Governor Andrew Bailey said in a statement on Thursday, the negative interest rates are not the current plan, although it remains as a policy option. Further comments Please don’t think we are about to use negative rates. We are not taking a strong signal from the recovery so far for what happens next. We could do more QE, new forms of forward guidance. Risks are skewed to the downside. Further stimulus would depend on downside risks coming to fruition. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next RBI keeps its powder dry, INR looks resilient – TDS FX Street 2 years Bank of England (BOE) Governor Andrew Bailey said in a statement on Thursday, the negative interest rates are not the current plan, although it remains as a policy option. Further comments Please don't think we are about to use negative rates. We are not taking a strong signal from the recovery so far for what happens next. We could do more QE, new forms of forward guidance. Risks are skewed to the downside. Further stimulus would depend on downside risks coming to fruition. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.