On another note, this is post # 100. I hope that this has been a useful resource. Please leave a comment or drop me a line to let me know how this forum can be more helpful. Thank you.
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Thursday, November 6, 2008
Rate Cuts in Europe
The Bank of England cut their benchmark rate from 4.5% to 3.0% and the European Central Bank cut to 2.75% from 3.25%. The U.K. is experiencing their slowest economic growth rates in almost 20 years and the ECB obviously feels that they can finally lower their inflation vigilance.
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1 comment:
congratulations on reaching 100 posts! Keep up the great work.
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