SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: marek_wojna who wrote (72830)7/5/2001 7:09:15 AM
From: Square_Dealings  Read Replies (1) | Respond to of 116790
 
London, July 5 (BridgeNews) - The Bank of England's Monetary Policy
Committee on Thursday left its key U.K. lending rate unchanged at 5.25%.
The decision had been widely expected. Economists had predicted that the
MPC would be too concerned about the strength of the consumer sector to
make the rate cut that struggling manufacturers have demanded.
* * *
The MPC issued no statement about its decision, leaving it until the
publication of the minutes of the meeting on Wednesday July 18 to reveal
how it deliberated and voted. However, the economic data over the past
month has served only to heighten the MPC's policy dilemma, with the
manufacturing sector struggling while the consumer sector shows every sign
of becoming even more buoyant.
More

The bridge.com ID for this story is BTBXTYV

---- GTS NewsFile: 050219.FWN (Chicago, 7/5/01 6:01:48 AM) ----