As Rates Stick Again, Economists Divided Over Next Cut

The HeraldDecember 09, 2005

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Summary


THE monetary policy committee of the Bank of England yesterday declined to give the economy a pre-Christmas boost by leaving interest rates on hold at 4.5percent for the fourth consecutive month.

Economists are divided on how quickly the MPC might provide consumers with a pick-me-up by reducing rates in 2006.

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As Rates Stick Again, Economists Divided Over Next Cut

AndrewMcLaughlin, group chief economist at Royal Bank of Scotl...

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