Shares Take a Breather and Wait for the Word On Rates ; Market Report

Evening Standard - London › June 10, 2004

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Summary

HEADS below the parapet was the order of the morning on the London stock market ahead of the crucial interest rate decision at noon and after little of a lead overnight from overseas markets.

The odds on a rate rise may have been increasing in the past 48 hours with strong retail surveys and news of a 20%plus rise in house prices from the Halifax.

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Extract

Shares Take a Breather and Wait for the Word On Rates ; Market Report

But the pointy heads remain divided as to whether the Bank of England's monetary policy committee will really call the second rate rise in consec...

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