RICS backs interest rates cut
Series: RICS Press Release ; (pr056) 5 April 2001 (1)Publication details: 2001Subject(s): Summary: The RICS welcomes the Bank of England's (BoE) decision to cut interest rates by 0.25%. Continuing weakness in the global economy is starting to affect the manufacturing sector. RICS housing market data reveals that upward property prices have peaked. RICS believes the BoE must be ready to respond to further indications of economic weakness.| Item type | Current library | Copy number | Status | Barcode | |
|---|---|---|---|---|---|
| News article | London News article | 1 | Available | 112002-1001 |
The RICS welcomes the Bank of England's (BoE) decision to cut interest rates by 0.25%. Continuing weakness in the global economy is starting to affect the manufacturing sector. RICS housing market data reveals that upward property prices have peaked. RICS believes the BoE must be ready to respond to further indications of economic weakness.