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.

Thursday, 5 February 2009

Bank of England cuts interest rate to 1%

8 comments:

Susan said...: will it go to 0%?; 5 February 2009 at 21:38
Nicky said...: I dont think that cut by 0.5% will change something a lot.At first households should have more confidence and businesses should start to invest more; 5 February 2009 at 22:18
Justintime said...: Just follow US.; 6 February 2009 at 10:48
E. Vicente said...: interest rate cut, at the moment, is a blunt instrument; 8 February 2009 at 15:51
Fabio xu said...: UK economy is still in a recession; 8 February 2009 at 18:09
qiongke said...: it's less important at this perioud,only cut interest rate won't help a lot; 8 February 2009 at 19:23
Kamit Chingis said...: again one totally useless action; 9 February 2009 at 10:48
chaoya zhuang said...: As a result of the cut, which will take effect from next month, but in my opinion, this will be helpless; 9 February 2009 at 13:23

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