+++ BoE Cuts Half Point Off Rates +++
Bank of England cuts rates half point to 1.5%, the lowest rate in over 300 years. Is it because we have the economy best placed in the world to weather the recession?

UPDATE : Am particularly impressed with the insight of Edmund Conway, the Telegraph’s economics editor, with the base rate now at 1.5% he sagely tells us Interest rates are now nearing their bottom”. Well spotted Ed.

mdi-tag-outline Boom to Bust
mdi-timer January 8 2009 @ 13:06 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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