Summary
Business leaders in the West Midlands expected interest rates to be held today as the Bank of England focuses on its programme to kick-start the economy with injections of new money.
While the Bank rate was not expected to move from the record low of 0.5 per cent, some experts predicted the BoE could again announce further changes to its quantitative easing scheme (QE) - effectively printing money - to ease credit conditions in the ailing economy.See the full content of this document
Extract
Interest rates should be on hold ; ECONOMY
Last month the Monetary Policy Committee (MPC) said it planned an additional pounds 50 billion for the programme, raising the total to pounds 12...
See the full content of this document
Sponsored links
