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Old 04-07-2009, 11:10 PM
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Post BoE expected to retain interest rates at 0.5% this week

Economists believe the Bank of England will keep interest rates at 0.5% on Thursday, bringing an end to the aggressive cuts it has implemented to bring inflation down and fight off a prolonged recession. In as many months, interest rates have been cut six times, taking the rate from 5% to 0.5% - the lowest since [...]

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