The Bank of England is prepared to make larger interest rate cuts if the job market shows signs of slowing down, its governor has said. In an interview with the Times, Andrew Bailey said “I really do believe the path is downward” on interest rates. Interest rates currently stand at 4.25% and will be reviewed at the Bank’s next meeting …
Read More »Tag Archives: slows
Why time slows down when you’re engaged in difficult activities
Research has shown that, while riding a stationary bike, people judged a 30‑second time interval about 9 percent too quickly. Their perception of time became distorted during exercise such that the external clock felt sluggish while their legs were flying. Andrew M. Edwards, a sports scientist at Canterbury Christ Church University, led the research alongside collaborators at the University of …
Read More »