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BOE rates today 10/1/08 ?
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Holding rates satisfies monetary policy.
Cutting rates satisfies political policy.
Mervyn hasn't been reappointed yet!
It will be a political decision
I should point out before anybody rushes off to the bookmakers, my crystal ball is at the menders.
WHOOPS
Back to the drawing board!
Mervyn, you're a hero :A0
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