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BoE cuts rates to 3.0%!!!

Here we go, a shocker, a huge slash in the rates down to 3.0%!!!!!

http://www.forexfactory.com/calendar.php

What is going to happen next?????

BBC link:
http://news.bbc.co.uk/1/hi/business/7713006.stm

Update:
Eurozone rates lowered to 3.25%
http://news.bbc.co.uk/1/hi/business/7712684.stm

And:
The Swiss National Bank cut interest rates for the second time within a month by 0.5%
http://www.reuters.com/article/economicNews/idUSL66576020081106
Spring into Spring 2015 - 0.7/12lb
«13456731

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