MPC holds interest rates at 5.5%

June 7, 2007
The Bank of England’s monetary policy committee has today voted to maintain the interest rates at 5.5%. This will comfort housebuilders, who are concerned about the potential impact of string of rises on the market. But the Royal Institution of Chartered Surveyors has suggested that further rises may still take the base rate to 6% before the year-end. David Stubbs, …

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