Bank of England
January 8th, 2009 8:39 am | by John Jansen |Bank of England has reduced rates by 50 basis points to 1.50 percent.
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3 Responses to “Bank of England”
By Alex on Jan 8, 2009 | Reply
Near zero interest rates and quantitative easing are only just around the corner.
By Alex on Jan 8, 2009 | Reply
Comment from Stuart Porteous, Head of RBS Group Economics:
“Few people – and certainly not the MPC – question the challenges the UK faces in 2009. As rates head towards zero, policymakers
will be forced to embark on ever more unorthodox measures to get the economy moving again. Listen carefully and you can almost
hear the printing presses being cranked up.”
By Mike on Jan 8, 2009 | Reply
What is the UK “economy” anyways?
There is the city, and then…? This country is so screwed.