|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |   
Thursday 19th of March 2009

News Tag: analysts

March 4, 2009

Analysts expect 0.5% rate cut tomorrow

by David Masters
Analysts expect 0.5% rate cut tomorrow
The Bank of England's monetary policy committee (MPC) will cut interest rates tomorrow, according to a poll of industry economists. Of the 11 experts polled, nine predicted a rate cut, whilst two said current economic conditions make it too close to call. Economists polled included representatives from HSBC, Barclays, the Centre for Economics and Business Research, the Royal Institution of Chartered Surveyors, and ...