Traders will be looking for any clues that the MPC discussed the possibility of cutting the interest rates it pays on commercial banks’ deposits. Bank of England Governor Mervyn King had hinted last week that a cut could come as early as next month.
Traders will be looking for any clues that the MPC discussed the possibility of cutting the interest rates it pays on commercial banks’ deposits. Bank of England Governor Mervyn King had hinted last week that a cut could come as early as next month.
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