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Rates steady at 5 percent

 
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Antioch
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Joined: 01 Jan 1970
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PostPosted: Thu Aug 07, 2008 7:44 pm    Post subject: Rates steady at 5 percent Reply with quote

LONDON (Reuters) - The Bank of England held interest rates at 5.0 percent on Thursday for the fourth straight month, and borrowing costs are expected to remain on hold for a while as policymakers balance slowing growth and rising inflation.

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