The Bank of England cut base rates to a record-low 0.25% due to increasingly downbeat economic data in the UK, reports Ameera David. Boom Bust’s Bianca Facchinei on why the Federal Reserve fined Goldman Sachs $36.3 million for alleged disclosure violations. RT’s Anya Parampil explains the details behind JPMorgan Chase’s lawsuit settlement over sticking ex-cons with unfair debit card fees. Ameera talks to Sprott US Holdings’ Rick Rule about precious metals. And in the Big Deal, Ameera and Edward discuss the potential that we are in the beginning of a long period of economic stagnation.
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