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 (651 views)
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4 Comments

1. paul said...

And yet inflation remains stubbornly above target.

Asleep at the wheel? Asleep at their desks even ...

Thursday, December 7, 2006 01:40PM Report Comment
 

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!)

Thursday, December 7, 2006 02:10PM Report Comment
 

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.

Friday, December 8, 2006 12:26AM Report Comment
 

4. Nohpc said...

It makes sense to target future inflation if you think changing rates now may be damaging.

Friday, December 8, 2006 10:45PM Report Comment
 

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