UK rate cuts a faint hope as inflation bites - Financial Times
Story date: 2008-05-14 06:50:00
Added on: 2008-05-15 00:02:53
UK consumers should not expect interest rate cuts in the next two years, the Bank of England signalled yesterday as it produced new forecasts showing inflation was likely to remain above 3 per cent beyond the end of 2008. The Bank's latest quarterly ...
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