Europe May Cut Interest Rates
Published / Last Updated on 23/10/2008
The European Central Bank cut interest rate 2 weeks ago as part of the mass central bank interest rate cuts to 3.75%.
Given the economic downturn, rumours about that they European Central Bank may cut rates even further.
It is widely expected the UK will cut interest rates before or just after Christmas, although if the economy cools too quickly, we may see a cut sooner in the UK in November.
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