Thursday, May 8, 2008
British Inflation
Interest rates held at 5%
- Ashley Seager, economics correspondent
- guardian.co.uk,
- Thursday May 8 2008
- Article history
The Bank of England today held interest rates steady at 5% as it decided that inflationary risks were too great to allow it to cut borrowing costs to boost the flagging economy.
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Labels:
inflation,
interest rates,
uk bank
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