AN INTEREST RATE cut looks much more likely after the publication yesterday of the latest minutes of...
AN INTEREST RATE cut looks much more likely after the publication yesterday of the latest minutes of the Monetary Policy Committee. All this morning's papers view the narrow vote in favour of not cutting rates earlier this month as just a delay to the inevitable cut that will have to come in order to give the economy a much needed boost. THE SPECTRE OF deflation has moved firmly up the agenda with statements overnight by Federal Reserve chairman Alan Greenspan that his troops are carefully studying tactics for dealing with a period of falling prices, the FT says. Speaki...
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