counter Interest rates ‘to be cut to lowest level in three years’ this year in battle against unemployment crisis – Forsething

Interest rates ‘to be cut to lowest level in three years’ this year in battle against unemployment crisis

INTEREST rates will reportedly be cut to the lowest level in three years as Britain battles against an unemployment crisis. That is according to Swiss lender Lombard Odier who told The Telegraph rates will fall from the present level of 3.75% to 2.75% after the summer. Just a few weeks back the Bank of England’s (BoE) policymakers voted…

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