Tuesday, July 8, 2008

Between a rock and a hard place

Outlook: Inflation narrows Bank rate options

Inflation continues to dominate the economic agenda, and this week the Bank of England decides how it can best balance the risk of slowing growth and rising prices. On Thursday, the Bank is expected to hold the UK base rate at 5 per cent as the pressure of inflation leaves it hamstrung in offering financial markets any assistance.

Posted by davethebox @ 09:37 AM (358 views)
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