BANK RATE CUT FROM 1.5 TO 1.0.......................................................
The nine-member Monetary Policy Committee, led by Governor Mervyn King, cut the bank rate to 1 percent from 1.5 percent. The decision, which was widely expected, came just ahead of the European Central Bank's interest rate decision expected later in the day.
Showing posts with label bank of england base rate. Show all posts
Showing posts with label bank of england base rate. Show all posts
Thursday, February 5, 2009
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