No-One Knows How Long the Problems Will Last. ; in Association with Rbs

Summary


THE Bank of England surrendered to the markets

yesterday by cutting base rates a quarter point. But this does not necessarily mean they will now be easing policy every month.

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Extract


No-One Knows How Long the Problems Will Last. ; in Association with Rbs

The Bank is still worried about inflation and it is not certain that even a severe weakening in the housing...

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