Need to Know: United Front On Bank's Rate Reduction Could Be Hint of Further Cuts to Come
The Scotsman › January 29, 2008
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Summary
ALL nine policymakers at the Bank of England voted to cut UK interest rates to 5.5 per cent from 5.75 per cent earlier this month, minutes show.
Policymakers also discussed whether the prospect of slower growth meant a bigger rate cut might be needed. Analysts said the unanimous vote could boost expectations of another interest rate cut early next year.See the full content of this document
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Need to Know: United Front On Bank's Rate Reduction Could Be Hint of Further Cuts to Come
It was the first t...
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