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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: Paul Kern12/6/2007 7:04:25 AM
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Bank Of England Cuts Bank Rate To 5.5% From 5.75%
Last update: 12/6/2007 7:00:48 AM


LONDON (Dow Jones)--The Bank of England's Monetary Policy Committee cut its key interest rate Thursday for the first time in two years as evidence mounts that the economy is slowing as credit conditions tighten.
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