Thursday, Oct 04, 2007
No change on IR's
BoE: Bank of England Maintains Bank Rate at 5.75%
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 5.75%. The minutes of the meeting will be published at 9.30am on Wednesday 17 October.
Posted by uncle chris @ 12:03 PM (322 views) Add Comment
5 Comments
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1. Scott said...
The markets and media begged for a drop. What will the consequences be now? This is the equivalent of a raise given the situation.
2. Aloha said...
well ... at least it's not a cut
3. Flapjack said...
Excellent news - and no funny business from GB!
4. dohousescrashinthewoods said...
At least they didn't cut
5. David Smith's Sub Prime. . . said...
Inflationary