Monday, 2 February 2009

Manufacturing confidence slumps as pound slides

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3 comments:

Justintime said...

"The Bank is expected to cut interest rates by 0.5 per cent to 1 per cent in an effort to stave off the worst effects of the recession. " how intersting,i dislike cutting interst rate so rapidly because it has adverse effect on confidence side and stimulate market a little due to time delay.

2 February 2009 at 21:36
Kamit Chingis said...

i read it

3 February 2009 at 01:50
Anonymous said...

i dont think cutting interst rate can make much difference on consumer confidence and the fact is that during the recession the whole globel enconomy is suffer from lack of demand

3 February 2009 at 13:44

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