Thursday, 8 January 2009
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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.
2 comments:
The rate cut will serve to ease the flow of credit to companies and homes and should provide a boost to the economy. However it's dependent upon the banks passing on the rate cut to borrowers and currently that doesn't appear to be happening.
So it leads us to an idea that all those interest rate cuts are usefull only for banks but not usefull for other people
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