The reasons for leaving the Bank of England's repo rate at 4% earlier this month were unveiled today...
The reasons for leaving the Bank of England's repo rate at 4% earlier this month were unveiled today when the minutes of the last meeting of the Monetary Policy Committee were released, causing stocks to fall as investors saw that the MPC's members were more concerned about economic recovery than inflationary pressures. The FTSE lost 100.6 points to close at 4,171.10. This follows yesterday's decision by the US Federal Reserve Bank to leave rates there unchanged too. A host of shares dipped as they went ex-dividend, which dragged the index down but not for particularly ...
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