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There have now been 666 interest rate cuts worldwide since the collapse of Lehman Brothers

Business & Finance : Business Insider: Clusterstock

Another week, another two interest rate cuts from central banks across the world. In the past five days, both the Reserve Bank of Australia, and the Bank of England cut interest rates to new record lows, with Australia dropping to j...

UK may cut rates

Business & Finance : Business Report

The Bank of England may cut interest rates rather than raise them as its next move because of the risks of inflation remaining low. ||| London - The Bank of England may have to cut interest rates rather than raise them as its next m...

BoE's King: interest rate cut counterproductive

Business & Finance : Business Report

Bank of England Governor Mervyn King threw cold water on the idea of another interest rate cut. ||| Bank of England Governor Mervyn King threw cold water on Wednesday on the idea of another interest rate cut, saying such a move coul...

The pound is getting smashed after the Bank of England cut interest rates

Business & Finance : Business Insider: Clusterstock

The pound has gone into freefall after the Bank of England (BoE) cut interest rates to 0.25%, down from 0.5 %. It is the first time the Bank has lowered interest rates since 2009. Sterling fell 1.27% after the BoE's announcement at ...

Don't worry: the Bank of England will never allow negative interest rates

Business & Finance : Telegraph.co.uk Money

Could the Bank of England really be prepared to cut interest rates until they were negative, as the deputy governor Paul Tucker has suggested? To be clear, that means depositors would have to pay to place their money with the centra...

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