Summary
INTEREST rates on both sides of the Channel are in the spotlight today as the Bank of England and European Central Bank each meet to set borrowing costs.
Despite monetary policy committee member David Walton voting for a quarterpoint increase at last month's meeting, the Threadneedle Street gang will almost certainly peg rates at 4.5% for a 10th month.See the full content of this document
Extract
Uk Rate Rise Call Looks Set to Go Unheeded
As Citigroup economist Michael Saunders points out, that would mean borrowing c...
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