Thursday, March 20, 2008

Rate Cuts in America, but UK worries over Inflation

It is interesting to compare the responses of the US Federal Reserve and the UK Monetary Policy Committee.Since the credit crunch became a serious concern, the US have cut interest rates from 4.25% in January to 2.25% in March. From any perspective, this is a pretty decisive change of policyThe UK by contrast has only [...]

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[Source: Finance Blog]

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