Bank of England: Interest Rate Cut To 5.25%
Published / Last Updated on 06/02/2008
Bank of England: Interest Rate Cut To 5.25%The Bank of England monetary policy committee has today voted to cut interest rate by 0.25% to 5.25% pa for commercial reserves.
Our view
This move has been predicted by for over 6 months now. We expect one more interest rate rate cut around summer time.
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