8 May 2001, 10:19  OUTLOOK: BoE MPC to cut repo rate by 0.25 pct to 5.25 pct on May 10

LONDON (AFX) - The Bank of England's Monetary Policy Committee is widely expected to lower the repo rate to 5.25 pct on Thursday, with all 22 economists surveyed by AFX News looking for a 0.25 pct reduction. According to the median estimate of those analysts polled, the chance of a 0.25 point decrease in the Bank's repo rate is put at 60 pct.

© 1999-2024 Forex EuroClub
All rights reserved