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Another interest rate rise on the horizon?

Discussion in 'General Discussions and Lounge' started by temi, Jun 20, 2007.

  1. temi

    temi Facilitator Webmaster

    Bank of England Governor Mervyn King and three other policymakers opposed this month's decision to hold interest rates at 5.5 percent and called for an immediate hike, boosting expectations borrowing costs would rise next month.
    King, Deputy Governor John Gieve, Tim Besley and Andrew Sentance were outgunned by the remaining five members including Rachel Lomax, the other deputy governor, and Charles Bean the chief economist, minutes of the June 6-7 meeting showed on Wednesday.

    full story
  2. gkd_uk

    gkd_uk Guest

    These people make me angry :mad:

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