U.K. Pound's Drop Will Limit Interest-Rate Cuts, ABN Amro Says
Story date: 2008-01-17 03:49:00
Added on: 2008-01-17 06:16:29
Bloomberg - ... The U.K. pound's depreciation against major currencies will limit the Bank of England's scope to cut interest rates this year ... Britain's current account deficit widened to a record 5.7 percent of gross domestic product in the third quarter, the ...
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