+++ 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
best placed in the world to weather the recession?
Am particularly impressed with the insight of Edmund Conway, the
economics editor, with the base rate now at 1.5% he sagely tells us
Interest rates are now nearing their bottom”
Well spotted Ed.
Boom to Bust
January 8 2009 @ 13:06