Thursday, Nov 30, 2006

IR rates hit retail but not house prices

Scotsman: Mood and shop sales flag as house prices march on

House prices marched on this month in the face of higher interest rates, but retail sales fell more than expected and people's mood soured. The pound hit a 14-year high against the dollar as traders continued to dump the U.S. currency on concern the giant American economy was slowing down.

Posted by jellycaster @ 04:28 PM (443 views)
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