Archive for August, 2004
UK interest rate rises to 4.75%
The Bank of England’s Monetary Policy Committee today voted to raise the Bank’s repo rate by 0.25 percentage points. Output growth has been robust and business surveys point to continued expansion. Although the housing market remains buoyant, there are now signs that it is starting to ease, and the growth of consumption may be moderating. [...]
August 5, 2004
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