Thread: Bank of England keeps interest rates on hold
View Single Post
  #2 (permalink)  
Old 4th September 2008, 09:06 PM
Tony's Avatar
Tony Tony is offline
What Consumer Founder
  
Join Date: Apr 2008
Location: Bolton
Posts: 763
Thanks: 34
Thanked 29 Times in 29 Posts
Tony is an unknown quantity at this point
Default
No surprises there. Unlike the US equivalent their remit is to control inflation only and not promote economic growth. This is a shame as we would probably see rates going down if they had the same dual responsibilty.
Reply With Quote