Thursday, Mar 08, 2007

MPC unlikely to raise rates

The Guardian: All eyes on Threadneedle Street

Despite inflation figures still over the Bank of England's targets, the MPC are unlikely to raise the cost of borrowing when they announce their decision today. With the budget near, and close on the heels of last week's stock market turbulence, the MPC is more likely to adopt a 'wait and see' policy.

Posted by jellycaster @ 08:52 AM (147 views) Add Comment

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