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UK interest rates unchanged at 5%

Started by propertyfag, May 08, 2008, 01:49:43 PM

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propertyfag

UK interest rates have been held at 5% by the Bank of England's Monetary Policy Committee (MPC).

A lot of people were expecting a drop, although many analysts now predict that rates will be cut to 4.75% in June.

Full BBC report

Badger

I think they will go even lower to get people buying again !. just a thought

propertyfag

Yeah, a lot of people think it will drop when it comes to the next decision!