Economist rates held
06 Nov 2011 |
Economist experts predict rates to be held
Expert economists indicate that they beleive rate will be held again for the forseeable future as a result of the uncertainty of the euro and with the economy predictions for 2012.
Minutes from the MPC October meeting have suggested growth is likely to be close to zero and with all nine mebers voting in favour of QE of £75 billion it is thought very unlikely that rates are likely to reverse in the short term.
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