EghtesadOnline: The Bank of England is expected to say on Thursday that it will still probably cut interest rates to a fraction above zero later this year, despite signs it overestimated the initial shock to Britain's economy from June's Brexit vote.

EghtesadOnline: Monetary policy can only offer a "short-term balm" for the uncertainty facing Britain's economy in light of the vote to leave the European Union, the Bank of England's chief economist said on Sunday.