Finance, Forex and Investments

uk interest rates nov2008 gif

Summary: to this is a clear signal that the Bank of England is no longer in control of UK interest rates but rather interest rate decisions are being dictated to the Bank of England by the government The immediate impact on the financial markets saw sterling hold support at £ $ 1 56 however the rate cut is highly bearish for sterling despite its oversold state The FTSE has also

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