Regulators could do a U-turn and allow LIBOR to be published way beyond 2021 if its discontinuation was likely to result in financial chaos according to The Market Oracle. But the Bank of England has said it will not change its policy on interest rates until after Brexit negotiations are complete.
Regulators could do a U-turn and allow LIBOR to be published way beyond 2021 if its discontinuation was likely to result in financial chaos according to The Market Oracle. The newsfeed claims many market experts have said LIBOR should be extended, arguing there is not enough consensus about its replacement.