Monday, January 7, 2008
Rate Cut Imminent
The VI's are pulling all the tricks to put huge pressure on the MPC before this Thursday's meeting. With REALinflation, not the manufactured CPI running at well above the 2.1% rate set by the MPC what can we expect - well a rate cut ofcourse to try to save the faltering economy from the 'Perfect Storm'. Hopefully Darling can get those naughty people at NPower to reasses their price hike before Thursday too.