UK interest rates remain unchanged at 0.5%

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UK interest rates remain unchanged at 0.5%

Economy Discussion of the UK economy and economic news.

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07-09-2009, 01:04 PM

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UK interest rates remain unchanged at 0.5%

As widely expected, the Bank of England has kept interest rates unchanged at 0.5% today for the fourth month in a row.Prior to April, the Bank embarked on aggressive cuts to bring inflation down and fight off a prolonged recession. Rates currently stand at the lowest level since the Bank was established over 300 years [...]

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