Sterling Is Spurred by Hopes of a Big Rate Cut
Evening Standard - London › November 03, 2008
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Summary
THE pound rallied today on rising hopes that the Bank of England will push through a meaty interest-rate cut to salvage the UK economy.
The Bank's monetary policy committee lowered the base rate from 5% to 4.5% last month and is expected to make a similar-size move on Thursday.See the full content of this document
Extract
Sterling Is Spurred by Hopes of a Big Rate Cut
City economists say a cut of threequarters of a point, ...
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