MPW Economics Discussion Board

Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.

Sunday, 4 January 2009

Bank expected to lower rates again

3 comments:

Kamit Chingis said...: Now we approximatly know how bad will be year 2009.We might even see interest rates to be 0.To my mind MPC should make interest rate 0 as soon as possible because it is useless to cut them once or twice in a month.Also goverment should force private banks to decreas their interest rates to increase lendings; 5 January 2009 at 19:51
Anonymous said...: Anyway,I am pleased to see that the rate of inflation gets down-things will be cheaper. And also this reflects that the government are trying to ease the nerve of some mid-class people who are worryig about losing their own properties. But obviously it is not enough.
---Peter LIU; 5 January 2009 at 20:47
Anonymous said...: as we spoke about this in the lesson, that the interest rate cuts is a blunt instrument will it really affect anything. will the cut be used by other banks and not just the bank of england; 7 January 2009 at 21:36

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