Brexit-Driven Market Turmoil Drives Down Rates

Now that Great Britain’s exit from the European Union is a reality, global markets are in chaos — driving down interest rates in the process.

The results are in, and citizens of the United Kingdom have decided that they will abandon the EU by a vote of 52 percent to 48 percent.

One of the first casualties was Prime Minister David Cameron, who plans to step down after having supported the UK’s remaining in the EU.

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From:: Financing