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Posts Tagged ‘ Libor Interest Rate ’

Interest Rate Cuts by Desperate Men Seeking Desperate Solutions!

Interest Rate Cuts by Desperate Men Seeking Desperate Solutions!

Yesterday’s unprecedented announcement from the Prime Minister Gordon Brown that The Bank of England had cut the UK interest rate by 0.5% has been welcomed by everyone. The mortgage interest rate has fallen from 5% to 4.5% which is great news for everyone. Further news that the US and European central banks were following...
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