Bank of England cut its key rate to 1%
BloggingStocks —
... The Bank of England cut its key rate by half a percentage point to 1%. However, even with the move, the Monetary Policy Committee (MPC) said that there was still disruption in money markets and the rate cuts have not yet had their full impact. ...
Lunch Wrap
FT Alphaville —
On FT Alphaville this morning: - BoE cuts rate 50bps. - Depression in the UK. - (But UK house prices rise ). - Introducing… submerging markets. - Deutsche’s loss. - And Goldman is bullish on the “ currency of last resort “: Gold. - Maturity transformation : how the US Treasury market is changing. On FT.com, - UK interest rate cut to 1%. - SwissRe turns to Buffet after SFr1bn loss. - Deutsche Bank details Q4 trading hit . - January UK car sales plunge 31%. _____
Bank of England cut its key rate to 1%
BloggingStocks —
... The Bank of England cut its key rate by half a percentage point to 1%. However, even with the move, the Monetary Policy Committee (MPC) said that there was still disruption in money markets and the rate cuts have not yet had their full impact. ...
THE FINTAG NEWSLETTER @ 06 February 2009
FiNTAG - Hedge Fund News, Views, Opinions and Gossip —
... Fintag says I have a better idea. Abolish tax. Tax was first used to fund wars. As Ronald Reagan used to say the problem is always government. If we cut this back - dictatorships are always better - and had a flat tax, these offshore havens would die. big barry says " Buffett's Buy Metric " BANK HINTS MORE RATE CUTS TO FOLLOW financial times ...
