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UK economic brief August 2005 Bank of England signals caution on further interest rate cuts [electronic resource]

By: Language: English Series: RICS UK Economic Brief ; August 2005Publication details: London RICS 2005Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that August saw the first change in monetary policy in a year as interest rates were cut from 4.75% to 4.5%, a move that was expected by the majority of economic commentators following the decision in July to leave interest rates unchanged.