Wednesday, Apr 23, 2008

Banks £50bn rescue plan will allow BoE to keep interest rates higher!

Telegraph: Bank of England hawk sees inflation risk if interest rates cut

Hopes that the Bank of England will slash interest rates have been undermined after a key policymaker hinted that the Bank's rescue plan for credit markets will free it up to use rates to fight inflation.

Posted by munimula @ 07:17 AM (162 views) Add Comment

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