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Interest rates cut: Bank of England cuts rates from 3 per cent to 2 per cent

Trader Daily Combined Feed found this 12/4/2008 on telegraph.co.uk

Rates have never been any lower since the Bank's foundation in 1694. The aggressive move, which most economists had forecast, comes as a raft of data shows the state of the economy is worsening by the day. Earlier today, Halifax, the country's largest lender said that house prices had fallen ...