Summary
The Bank of England's monetary policy committee (MPC) meets this week and markets are speculating that it could be the setting for a rate cut.
The recent U-turn by the Governor over providing extra liquidity to the money markets has set tongues wagging but we should not ignore the economic fundamentals which so far do not offer good cause for reducing borrowing costs.See the full content of this document
Extract
It's Probably Too Soon to Cut Uk Loan Costs
The Bank's decision to provide extra liquidity has so far been unnecessary - the firs...
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