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European Central Bank and Bank of England rate cut to 5.5

posted December 6, 2007 - 8:38am
European Central Bank and Bank of England rate cut to 5.5

Britain's central bank, the Bank of England has cut interest rates from 5.75 to 5.5 percent.

The falling dollar and rise in inflation concerns the health of U.S economy.


Website: http://edition.cnn.com/2007/BUSINESS/12/06/england...


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