2

+

Jun 2008 - UK monthly economic update

posted by ooogleemooglee 157 days ago in GBP, Fundamental, Monthly

The April inflation figure effectively eliminated the chances of another rate cut this year. After all, cutting interest rates and the imminent prospect of writing letters to the Chancellor to explain why inflation is above target are uneasy bedfellows. Inflation seems likely to keep the MPC's fingers away from the 'cut' button at least until the e
Log in to comment or register here.