Tuesday, 1 February 2011

Mervyn King dampens prospect of rate rise


Bank of England governor Mervyn King tonight appeared to rule out an interest rate rise this year as he responded to today's shock slump in GDP in the last three months of 2010.
http://www.guardian.co.uk/business/2011/jan/25/mervyn-king-dampens-rate-rise-prospects?intcmp=239