211449 Resource 133535 120646 120646 1219235426186 1219235846898 Controlled Bank of England Continues Stubborness With Regard to Interest Rates

Spread bets and CFDs on British interest rates

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">Spread betting and contracts for differences on Bank of England rates should consider that the Monetary Policy Committee remains stubbornly committed to avoiding an interest rate cut. </span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Indeed, <a title="spread bets interest rates, spread bets, CFDs, spread betting, spread betting Bank of England rates, contracts for differences, MPC meeting, British interest rates, minutes MPC" target="_blank" href="item/211065">thoughts that a cut to British interest rates might be seen as early as September</a> are starting fade in light of the minutes from the most recent MPC meeting. </span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><a style="font-family: verdana,arial,helvetica,sans-serif;" title="spread bets interest rates, spread bets, CFDs, spread betting, spread betting Bank of England rates, contracts for differences, MPC meeting, British interest rates, minutes MPC" target="_blank" href="http://currencythoughts.com/2008/08/20/bank-of-england-minutes-suggest-no-rate-change-in-september-either/">Currency Thoughts </a><span style="font-family: verdana,arial,helvetica,sans-serif;">reports this about the thoughts behind this month's split (though heavily in favour of keeping rates steady) interest rate decision:</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /></font><div style="margin-left: 40px; font-style: italic; font-family: verdana,arial,helvetica,sans-serif;"><font size="2"><strong>The August minutes express greater confidence in the correctness of that decision, thus suggesting that a 5.0% rate will be maintained at the upcoming September meeting and indeed possibly throughout the fourth quarter.</strong></font></div> 9 application/xml false British interest rates CFDs contracts for differences minutes MPC MPC meeting spread bets spread bets interest rates spread betting spread betting Bank of England rates Spread bets on interest rates http://www.gftuk.com/land/index.asp?aid=53 Mozilla/5.0 (Macintosh; U; Intel Mac OS X; en-US; rv:1.8.1.16) Gecko/20080702 Firefox/2.0.0.16 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 133535 blog blogsite/GFTUK/web