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View Full Version : Bank of England Signals Rate Cuts Needed as Economy Contracts - Bloomberg



NewsWhore
11-12-2008, 06:30 AM
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Bank of England Signals Rate Cuts Needed as Economy Contracts (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaKxOcaRIFHZ4%26refer%3Dhome&cid=1269505836&ei=QcAaSb2SOYu8yAT7osHnDg&usg=AFQjCNFXJHd_Aq9yHuD5XjxsU9lFBiPmVQ)
Bloomberg - 56 minutes ago
11, the lowest since the introduction of the common currency in 1999. The UK currency has dropped about 25 percent against the dollar in the past year.


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