Thursday, Dec 07, 2006
Surprise, Surprise (NOT)
BBC: Interest rates kept on hold at 5%
UK interest rates have been kept on hold at 5% following the latest meeting of the Bank of England.
Posted by holding out @ 12:10 PM (150 views) Add Comment
4 Comments
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1. paul said...
And yet inflation remains stubbornly above target.
Asleep at the wheel? Asleep at their desks even ...
2. Surfgatinho said...
"And yet inflation remains stubbornly above target."
Yes but they are soooo smart that they target inflation in the future (and different galaxy!)
3. Superruss said...
Yes, its one far, far away where they have hoverboards, lightsabres and time travelling deloreans and eat dvd players for breakfast and dont pay tax and don't buy petrol and only drink champagne.
And where nu liebour win another victory with crash gordon and at the helm.
4. Nohpc said...
It makes sense to target future inflation if you think changing rates now may be damaging.