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Cutting interest rates if "that turns out to be necessary"
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Author:  pcernie [ Tue Jun 26, 2012 10:19 pm ]
Post subject:  Cutting interest rates if "that turns out to be necessary"

http://www.bbc.co.uk/news/business-18587254

I could see Merv getting an email along the lines of, 'Keep it fcuking light next time, eh?!' :lol:

Author:  mikepgood [ Wed Jun 27, 2012 7:44 am ]
Post subject:  Re: Cutting interest rates if "that turns out to be necessary"

I still think that reducing the rates that the money was lent to businesses would be better, some sort of cap. The differential is too great.

Author:  hifidelity2 [ Thu Jun 28, 2012 10:50 am ]
Post subject:  Re: Cutting interest rates if "that turns out to be necessary"

Well they cant cut them much further as they are 0.5% - down to 0.25 or 0.1% (which for me is fine as I have a tracker Mtg so my rate will fall)

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