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Non-Tech : Penny for your thoughts,...

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From: Fiscally Conservative11/8/2007 7:35:07 AM
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The Bank of England kept its benchmark interest rate unchanged at a six-year high, with policy makers resisting calls for a cut on concern that rising oil and food prices will fan inflation.

The nine-member Monetary Policy Committee, led by Governor Mervyn King, left the bank rate at 5.75 percent, as predicted by all except three of the 61 economists surveyed by Bloomberg News. Most expect a reduction in February.

bloomberg.com
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