United Kingdom | Saturday, 6 September 2008

Rates Articles

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41. Bank voted 7-2 for steady rates in March
Two Bank of England policymakers opposed this month's decision to keep interest rates at 5.25 percent, minutes showed on Wednesday, leading markets to price in a greater chance of another cut as soon as next month.
17 Mar 2008
42. U.S. Fed set for big rate cut
The U.S. Federal Reserve is expected to slash interest rates by as much as a whole percentage point at its policy meeting on Tuesday as investors warily await investment bank results that could aggravate fears of a full-blown markets crisis.
17 Mar 2008
43. Darling says markets must set FX rates
Foreign exchange rates should be set by the market, Chancellor Alistair Darling told Reuters in an interview on Thursday.
13 Mar 2008
44. Bank of England holds rates steady
The Bank of England held interest rates at 5.25 percent on Thursday, but is widely expected to cut them by the middle of the year to shore up an economy buffeted by the global credit crunch. All but one of 65 economists polled last week forecast the Bank would leave rates on hold after cutting them twice in the past three months. These expectations were cemented by surveys this week showing inflationary pressures accelerating.
04 Mar 2008
45. Bank of England set to hold rates for now
The Bank of England looks set to keep interest rates at 5.25 percent this week before cutting them for a third time since December by the middle of the year to shore up an economy buffeted by the global credit crunch.
04 Mar 2008
46. Bank of England in no rush to cut rates
The economy is slowing but price pressures are on the rise, and policymakers need to be alert to both risks, Bank of England officials said on Tuesday in a sign that interest rates will come down only gradually.
27 Feb 2008
47. All MPC wanted Feb cut
All nine members of the Bank of England's Monetary Policy Committee backed lower interest rates this month with arch-dove David Blanchflower calling for a precautionary half-point cut.
20 Feb 2008
48. Minutes hold outside chance of BoE rate dissent
Most economists believe all nine members of the Bank of England's Monetary Policy Committee voted to lower borrowing costs by 25 basis points to 5.25 percent earlier this month.
20 Feb 2008
49. Annuity rates rise after decade of decline
Annuity rates have risen at their strongest rate in a decade but the outlook now is less certain, new figures show.
15 Feb 2008
50. Bank of England set to cut rates
The Bank of England looks set to cut interest rates at midday on Thursday to head off a sharp consumer-led slowdown as storm clouds continue to gather over the global economy.
07 Feb 2008
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